Every month Im writing a newsletter to help kiwi's get ahead Insights on what Im seeing across property, councils, money, housing & ownership Not just the negatives, but actionable insights you can use to build a better financial future for you & your family Sign up at
Development allows us to get rid of old damp homes, and build nice new warm, healthy homes for New Zealanders to live in Good development makes communities better, not worse Follow along for more updates on our new Aurora Development #johnkenel#thepropertydevelopmentclub
Most inheritance isn't super yachts and mansions. It's a house, a farm, a business, a few rentals. Things your parents built over a lifetime of work. So if your daughter was short on a deposit and you could help her, would you? Of course you would. This was never really a
Tax someone $100. After the government grinds through it, you'd be lucky if $50 actually gets paid out. That doesn't build anything. It doesn't create anything. A country gets wealthy when people build, start businesses, invest, save and take risks. Not by moving the same
We're at excavation stage on our Aurora Terrace site in Hamilton. Five townhouses, next to Waikato University. The house is down, the sewer line is in, and we've started digging. Then the engineer inspects the ground and finds more uncontrolled fill under the old house than
Two people, same income, same age. One spends everything. The other saves, invests, pays down debt and buys assets. 30 or 40 years later, the saver dies with something. The spender with nothing. Who gets taxed? The saver. That's a weird message to send. #johnkenel
Helping your own kids get started shouldn't be treated like something suspicious. A bit of help with a deposit. A bit of seed capital to start a business. That's not greed. That's family. It's one of the main reasons most Kiwis want to build something in the first
If water left council, why didn’t rates come down? This is the bit that doesn’t add up. Water and wastewater used to sit inside the council rates bill. Now they’re being moved into new council-owned organisations and charged separately. So surely the rates bill should
Councils hide the cost inside development contributions and endless fees. Every new house ends up being a funding machine for everything else. Then everyone acts shocked the finished home is so expensive. And blames the landlord. That's just lazy. #johnkenel
People love blaming mum and dad investors for the housing mess. They didn't write the rules. They just responded to them. For decades the whole system pushed Kiwis towards bricks and mortar. They weren't being greedy. They were trying to build a bit of security. #johnkenel
Helping your own kids get started shouldn't be treated like something suspicious. A bit of help with a deposit. A bit of seed capital to start a business. That's not greed. That's family. It's one of the main reasons most Kiwis want to build something in the first
Nine of us in a small house in the Coromandel. One bathroom. A farm Dad cut out of the bush. We made our own honey, butchered our own beef, grew the veg. No one was waiting for a cheque from the government. You made your own options. #johnkenel#thepropertydevelopmentclub
The maths has been obvious for years. So why has no one dealt with it? Older voters turn up. They vote. Both major parties need them, so nobody wants to be the one who touches the pension. It's not complicated. #johnkenel#thepropertydevelopmentclub
We're asking the wrong question. The problem isn't even the age. For most people the pension isn't a backup. It's the whole plan. One system, one pension, and nothing of their own behind it. #johnkenel#thepropertydevelopmentclub
The average KiwiSaver balance for people aged 61 to 65 is NZ$69,000 In Australia, the same age has about NZ$420,000 Six times what we've got Same idea. They just made theirs compulsory and gave it decades to grow #johnkenel#thepropertydevelopmentclub
A builder worked his whole life. Finally paid off his mortgage. Worked one extra year. Got cancer. Passed away two weeks after it was cleared. That's the bit a spreadsheet doesn't see. #johnkenel#thepropertydevelopmentclub
A roofer at 67 and an office worker at 67 are not the same person. A mechanic called Jason left a comment last week. He’s 58, has been on the tools since he was 15, and can barely stand for more than 10 minutes now. That is the part the spreadsheet misses. When people say
Ownership isn't greedy Its freedom, it allows you to stand on your own two feet without relying on systems you don't control And we need to stop pushing the idea that owning assets is bad, that taking risks is bad Assets create freedom #johnkenel
Nothing is free in life Even when the government hands out 'free money' it comes at a cost, inflation Everything in life has a price to it #johnkenel#thepropertydevelopmentclub