July 19, 2025 • 41 mins
A 19 year old welder recently bought his first home - in part crediting his purchase to driving a cheap car.
We all know you've got to make sacrifices to get into the market, so how are people making their way onto the ladder?
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Speaker 1 (00:05):
You're listening to the Weekend Collective podcast from News Talk SEDB.
Speaker 2 (00:11):
House as a crowd, there's always something happen way now and.
Speaker 3 (00:28):
House Brown nothing.
Speaker 4 (00:30):
A house and welcome back to the show. This is
the one Roof radio show. That's a bit of madness.
I think is not singing our house. Gosh, it's not off.
I'm never very good at naming bands, except there's one
I was quite pleased with myself. Anyway, the little bit
of madness to get the get the show underway for
(00:52):
the next hour. By the way, if you miss a panel,
it was with Joe McCarroll and Allen black Man. It's
always a bit of fun the panel. If you've missed it,
it gets loaded up onto the website very quickly after
each hour has concluded. And as I say that, I
see my producer are going, that's right. Better click send
on that button. I don't know anyway, but you can
go to the Weekend look for the Weekend Collective on
News Talk s head B on iHeartRadio and it'll be
(01:14):
there waiting for you. So get into it. Anyway, this
is the One Roof radio show. My guest he is
a resident economist at OPA's partners and on the show.
And now before we oh no, I'll introduce him first
and we'll get into the little bits of slight distraction
before we get into the property to property show. But
it's Ed McKnight and how are you going?
Speaker 5 (01:34):
Great to be here? Tim?
Speaker 4 (01:35):
Now I mentioned to our crowd that our listeners that
my producer, our producer, Tyra got married recently and she
took a few weeks off and here we are lovers
in the air because.
Speaker 5 (01:47):
You're today evening that it'll be three years with Angela
and on our third anniversary we are getting married.
Speaker 4 (01:55):
Fantastic? Are you? Are you? Because I think that women
are much more generally prepared for the whole weekend, the
whole shebang. Are you ready for it or is it
going to hit you when she walks down the aisle
and you burst into tears?
Speaker 5 (02:10):
It probably hit me. I reckon about three weeks ago
when I realized, Wow, this is coming up, and wow,
this is actually quite the commitment. And I and I
was talking to a friend and I said, is it
normal that it kind of hits you? And they said,
I think so. I was like, it ain't cold feet,
but it's really hitting me. And so I said that
to Angela, Oh Wow, it's really hitting me this commitment
(02:31):
we're making, and she goes, oh, thank god you said it,
because I'm feeling that too. I was like, oh, well,
that's good, I said, I understand why you're committing to me,
why I'm committing to you. I don't understand why you're
committing to me.
Speaker 4 (02:43):
I wish you'd continue with the first part of that centers.
I understand why you're committing to me because I'm so fabulous.
Speaker 5 (02:51):
If you look to her, you'd understand why I'm committing
to her. That's quite obvious.
Speaker 4 (02:56):
Look, I love these stories. Now when you get to
come back next time, you're gonna have to tell us
whether you whether who got the most emotional because I
have a theory and I have yet be disproven, and
it's the guys who find the occasion when it all
hits them on that moment. It's a very emotional time
for the guys. And Tyra had said to me that
Sean better cry when I come down the aisle, and
apparently it was just a blubbering wreck, so it was
(03:18):
all good.
Speaker 5 (03:18):
So she got her way.
Speaker 4 (03:19):
Yeah, she said she couldn't cry because of the makeup.
I can't cry because anyway, what an expensive makeup apparently
have you? Is it a secret what she's walking down
the aisle to.
Speaker 5 (03:32):
So it's a song that she specifically likes. It's a
bit obscure. It's called Grow as We Gance by this
Broadway singer over in New York, but it's quite a
sweet story. For our engagement party. I hired out a
bar and I got a singer who we'd heard at
this bar previously, so he got it in there and
Angela didn't know this was going on, but I got
(03:53):
this singer to learn some of her favorite songs that
not many people know. And as the singer started singing
the specific song, I propose to Angela and so it's
going to be that song that we engaged to. As
she walks down the aisle.
Speaker 4 (04:07):
Wow, you are Doctor Love, mate. That is an awesome
That must have been pretty fantastic moment.
Speaker 5 (04:14):
Oh so it certainly was for me. I just I
just wish that angel thought that I was Doctor Love
most of the time.
Speaker 4 (04:22):
I think that's one of the funniest things. So here's here.
We have a guest who is also podcasts in the
real estate market and is heavily involved with things all
to do with real estate. And the funniest thing I
think you've said is like, when it comes to marriage, wow,
this is quite the commitment, when in fact property, property
is quite For some people, property is almost the bigger commitment.
(04:45):
I've heard a lot of the time that people said, well,
we didn't get married, we bought a house together.
Speaker 5 (04:49):
That's kind of true, and I understand that. In fact,
we once thought of having doing a Valentine's Day campaign
saying show your commitment by getting a thirty year mortgage
subtypes mortgages last longer than marriages.
Speaker 4 (05:04):
That is brilliant. You've just given somebody at some advertising
agency's going quick, let's pill for that and run with it.
Speaker 5 (05:10):
Before that one to Barfort and Thompson or ray White.
Speaker 4 (05:14):
Actually, that is a brilliant idea. That is a very
very very good idea. What was it? What was it again?
Speaker 5 (05:23):
Show your commitment, Show your commitment by getting a thirty year,
more kitch.
Speaker 4 (05:26):
Happy Valentine's Day. Well along that. The reason why I
sort of have framed things with that little segue in
a way is because getting a property is it's a
massive commitment, and there's a story of a nineteen year
old welder recently who bought his first home, and in
part he credit it to well It says he had
(05:48):
driving a less than ideal car. He drove a crap car,
and he's put that down as one of the sacrifices
that he made. But look, if I'm going to buy
a house, and I think everyone at some stage has
to go through that moment of going, okay, we have
to buy a house. Going to buy a house, we
need to make a commitment, which means commitments usually mean sacrifices.
(06:11):
Unless you've just won the lotto, what do you have?
Do you remember your sort of what you might have
had to sacrifice in the early days of getting on
the property ladder or.
Speaker 5 (06:21):
Well, my main sacrifice was not buying a house that
I was going to live in forever. Right, So the
first property I ever bought, it was actually in christ Church,
despite the fact that I lived in Auckland. And so
I decided I'm going to buy in a different city
because and I'll live in it for six months so
I can get McKee Savor out, but then I'll turn
it into a rental and there. And the reason I
(06:43):
did that was I couldn't afford to buy in Auckland,
but I could afford to buy in christ Church with
a ten percent deposit, a not a twenty percent deposit.
And when you buy with that lower deposit, you then
have to pay a slightly higher interest rate. So those
were some of the things that I was willing to
do just to get on there. But within that specific
story that you're raising, there was something else that caught
(07:04):
my eye, which is that his girlfriend's parents said, come on,
you guys should start thinking about buying a house. And
one thing that really does help I think a lot
of us when we're thinking about buying our first home,
is that someone, whether it's a friend or a parent
or an aunt or an uncle, says to you, come on,
you should get on and start doing this. And I
(07:24):
think one of the I mean, there are lots of
reasons why it's hard to buy a house in New
Zealand today, and there are a lot of logical reasons,
you know, things like high house prices, incomes maybe haven't
gone up as fast as we might have liked them
to do. But there's a lot of emotional reasons as well,
And I call it the someday sickness that for a
lot of us, we think, yes, I will do X
(07:44):
y Z things, Someday, someday, I will buy a rental property, someday,
I will start saving for a house it someday, someday, someday.
And what we often need is that parent, that coach,
that friend, that person we look up to to say
come on, let's get on and do it.
Speaker 4 (08:01):
So do you think that's that's more of a A
lot of people make their decisions about getting into property
because someone else has given them a bit of a
g up.
Speaker 5 (08:09):
Happened to me?
Speaker 4 (08:10):
Was us? So for you? Was because someone What was
the encouragement you got?
Speaker 2 (08:14):
So?
Speaker 5 (08:14):
I had a friend and we were out for dinner
and he looked at me in the eye while we
were down in christ Church because I didn't think about
buying down here, and he said, how much is any kiwisaver?
I told him and he said that's enough. We're looking
at properties tomorrow.
Speaker 4 (08:28):
Oh that's right. He basically dragged you along and told
you what you were doing, and you just went uh okay.
Speaker 5 (08:33):
And I signed the contract and that's how it all started.
And so I really do believe like often you need
that little push in the right direction. The other story
I often tell is of my business partner, who owns
about forty three forty four properties. He was hunting around
for his first one and a mortgage broker that he
looked up to, so he'd go on, just get on
and do it, and so he did. In twenty three
(08:53):
years later owns forty three properties. Same with this story
here the nineteen year old he was thinking about it,
thinking about it. The parents had come on, get on
with it, and so I often think the cure to
the someday sickness is when somebody tells you what you
already know, which has come on, let's get on with it.
Speaker 4 (09:09):
Although I might, as a devil's advocate, just suggest that
the reason you listen to them because was that you really,
you really did want to do something. You know, It's one.
Plenty of people may have given you advice earlier, and
you might have been like, no, no, no thanks. But
there must have been something about your thinking which just
took someone to go, well, come on, let's do it,
(09:29):
and you thought, and they had enough persuasiveness and credibility
I guess as well for you to go. I guess
I should just keep rolling with this. It is a
funny one, isn't it. The commitment?
Speaker 5 (09:39):
I think there's a lot of things. And by the way,
I don't want to come across as saying it's very
easy to buy houses, because it's not easy. But if
we think about so many times in life, you already
know what you need to be doing if you want
to go and get really fit. Dieted exercise. We already
know that. All of us know that there's no great secret,
(10:00):
But often it takes somebody else to say, do you
know what, if you want to be fit, you need
to do this diet and this exercise and let's get
on with it. You need the push in the right direction.
So so often I believe that we think about things
in our kid and we mulled over. We mulled over,
and it takes someone else to kind of confirm what
you already home and push you in the right direction,
and then you're off.
Speaker 4 (10:19):
So we don't know from you as well, what did
you have to overcome if you are in the market.
I mean, you know, and let's face it, lots of
people are lots of people aren't as well. What did
you have to overcome to finally get you on the
what to finally get you on the property mint ladder?
What was the sacrifice you made? And there's two ways
to look at it. You whether you actually had a
(10:40):
sacrifice you had to make or you just had a
what was the what was the expression you used someday summers?
How did you get over your someday sickness? What actually
led you to biting the bullet? And I was thinking,
for me, I guess so shit. My one was I
probably have shared this before, not that I've thought about
it a lot, but my wife and I had we
(11:02):
were having a baby, and I thought, I just thought,
we just knew we have to get a place we
cannot continue renting, And so I tracked down. I actually
tracked down. I said to my wife, would be nice
with by the place we're renting, And I tracked down
the landlord behind the agent's back. I did a property search,
found out who owned it, and I approached him about
it and he was open minded to selling, and we
(11:24):
did the deal. But it was for me, It was
it was something outside of myself, having a child, having
a family and needing to which is a pretty strong motivator,
isn't it?
Speaker 5 (11:35):
One hundred percent that's what kind of pushed you into gear. Now,
the truth of the matter is, I would imagine you
haven't shown me your bank accounts him. So I don't
know too much about your personal financial situation, but you
might have been able to do it a year, two years,
maybe a couple of years beforehand. I don't know. But
it was the kid. It was the kid that said right,
(11:55):
or the feeling of having the kid that you're like,
we need to change something. And so that's how you
got over that. That's kind of Sunday sickness, Someday syndrome.
Speaker 4 (12:03):
To be fair to us, I mean I had saved
a fair whack up through taking a few risks with concerts,
and I did the maths, and I think our mortgage
was no different to what our rent had been, which
will infuriate some people.
Speaker 5 (12:19):
That's good going.
Speaker 4 (12:20):
But we did have like a thirty five percent deposit,
so that's good. I mean, it's not that long ago.
I won't say anymore about it, but we had, you know,
we that did make it. That did make it a difference.
I guess as it did. Okay, So we want to
hear from you. How did you overcome your sometime someday sickness?
What was it? What sacrifices did you did you have
(12:42):
to make? And I guess if you were giving someone
some advice, if you were sitting next to Ed McKnight
of a few years ago at the pub and he
was and you were, how would you have encouraged you
to do it? Because I don't know what your friend's
name was, but that was a pretty ballsy play. Anyway,
What is it that's going to take to get you
over your someday sickens? It's the same thing. Look at
you might be a house owner, a homeowner, but is
(13:05):
there something about investment property because we know a lot
of investors are holding back at the moment. What is
holding them back? Is it anything to do with the
market or is it the someday sickness as well? Because
the conditions are becoming arguably a little more favorable eight
hundred and eighty ten eighty text nine to nine to
actually tell you what? Should we go to a call?
Speaker 6 (13:25):
Now?
Speaker 4 (13:26):
Let's go to a call now, shall we? Catherine? Hello, Hull,
how are you good? Thanks?
Speaker 7 (13:32):
Excellent first home purchase. The id were to the other
side of the world to be honest in order to
save up enough.
Speaker 4 (13:41):
How do you do it?
Speaker 5 (13:42):
Catherine?
Speaker 7 (13:44):
I promised myself very young that I would own a
home at twenty two years old, and at nineteen I
realized that I had a su no savings and my
you know, I think it's thirty eight thousand dollars a
year or something wasn't going to cover anything, and so
I decided to move over to the UK For fourteen months.
(14:04):
I were two full jobs over the end, but the
point was I could put money upon return. It's only
double mouth, and so I did that and within was
Actually I came back twelve months later with the deposits
for my first time city Green.
Speaker 4 (14:19):
Wow.
Speaker 5 (14:20):
Good on you, Catherine. I'd love that. It just shows
you Kiwis are so resourceful. And the other thing that
I really want to pick up is that at nineteen you,
or well before nineteen, you'd set this goal, I want
to be a homeowner by twenty two, and you said
to yourself, I'm not going to make it if I
keep doing with what I'm doing. And rather than changing
(14:41):
my goal and saying, well, you know what, we'll just
make it twenty five, or we'll just make it thirty,
You're like, well, what am I going to do it.
Must have taken quite a lot of courage to move
to the other side of the world and figure out that, yes,
I'm going to do this.
Speaker 7 (14:54):
There's a lot of loopholes to jump through to get
your visa for over there, so you have to save
a certain amount first, and you've got to prove that
you have and you're only allowed to work for twelve months,
but you can stay for two years, which you could
need to live over there if you weren't working. And
I didn't get to do much travel. I did a
little bit around, but I feel like I missed out
on quite a lot by not doing the fun trips
(15:15):
to you know. Being at horm was just round the road,
you know. But I came home and without a word
of a liar, I moved into that house two days
before my twenty second birthday. The owners of the home
couldn't understand why I had such a specific date, but
I'm like, I have to. I have to be in
by then.
Speaker 4 (15:30):
Why can I ask, you know? That is a the
I must say, Well, before I asked that, I'm just
going to make the observation that is a big deal,
because I think I would have got distracted with having
a good time in Europe.
Speaker 7 (15:42):
It was pretty tough. It was hard not to have.
I did do Egypt and stuff for like, you know,
the four day trips, and I went over to Greece
for it for a week, but I didn't do the
really fun stuff. But hey, I owned a home at
twenty two, and nothing but good has come out of that.
Speaker 4 (15:57):
Since nothing but good? Did you say?
Speaker 7 (16:00):
Yeah?
Speaker 4 (16:01):
Oh god, I missed the butt. I didn't changes the story. Hey,
why twenty two? How did you make that state there?
Speaker 7 (16:10):
I make a decision because my parents had had me
at age twenty two, and so from a young age,
I for some reason had that number in my head
as being the ultimate grown up moment, if that makes
any sense. I didn't have my own daughter until I
was thirty, but I just said that number was the
number that I don't know, it's just that signified being
an adult in my mind.
Speaker 4 (16:31):
Good on you.
Speaker 5 (16:32):
I love that, Catherine, and I hope that so many
other people out there listening will be so inspired by
what you've done and just the positive attitude of how
am I going to make it happen? And it doesn't
matter whether it's twenty two or twenty three. Or thirty
two whatever. Forty two could be the age that people
aim for. The most important thing is saying this is
my goal. I'm going to go and do it no
matter what may.
Speaker 4 (16:51):
I ask roughly how many years ago this was without
giving her too much away. Oh okay, you're still a
spring chicken.
Speaker 7 (16:59):
It's a while ago. But no, I just think people
need to realize you can make so much more money
overseas and then you've got these exchange rates, and in
just twelve months hard work, I managed to do that,
And it's what it was. It was a very scary
situation going to the other side of the world as
a small town girl. But hey, I got some cold
experiences as well, and have upgraded at the home a
(17:20):
few times.
Speaker 4 (17:21):
A small town girl. Are we talking like.
Speaker 7 (17:23):
Really really small South Otago?
Speaker 4 (17:27):
So small you don't want to name the small South
Otago place we're talking Kluther? Probably Are we're talking Moscow?
Where Moscule? Aren't they now?
Speaker 7 (17:36):
Oh my god, yes, it's.
Speaker 4 (17:38):
Boom far Oh more, Skill's not that's small.
Speaker 5 (17:41):
That's like, that's the size of the town I grew
up in inn Harbored.
Speaker 7 (17:46):
To London is a hell of a change.
Speaker 5 (17:49):
Yeah, got me Catherine.
Speaker 4 (17:52):
That sounds like a topic from it for a book,
doesn't it? My biography from Mosgiel to London? Anyway, Hey, look,
we need to take a break. By the way, I
just have to share with you. I I'd see it
off Mike, just to us. Chatting to my producer Tyra,
who's taken some steps to get on with life quite early,
and I said, how were you when you owned your
first house? Tire and she just held out my fingers
going of just twenty one, you know, humble. She did
(18:15):
it in such a way we had that humble bread
was just like just twenty one. You know, this person's twenty.
I'm you know anyway, but good on you're Tira gett
into property at twenty one. We're going to be back
with more calls. We want to know about what was
it that got you over your someday syndrome? As Ed
has described it McKnight from Op's partner, He's described it
as you know, I'll do it someday, someday, I'll do that.
(18:36):
Someday I do that. Well, eventually you bite the bobbop.
What was it that got you over it? What was
the sacrifice you made? We want to hear for your
calls as well. On eight hundred eighty ten eighty, it's
twenty five past four new stalks, Ed B.
Speaker 8 (18:50):
Won't so you get up in this club. Hev me time.
Let's get it down.
Speaker 4 (19:03):
Let's welcome back to the Weekend Collective the This is
the one rufradio show. I'm Tim Beverage. My guest is
Ed mcknighty's resident economist at OPA's Partners. We're talking about
what got you over your someday I'll do it, someday
I'll do this. What was it that got you to
make a commitment, the sacrifice to get into property. Because
I actually think these lessons are really useful for other
people who are listening, because you know, we are. We
(19:23):
all are, whether we like it or not. We're part
of a great, big community where people share stories and things,
and there's something that somebody will say one day that
will trigger you to to go and get that property.
In Ed's case, it was a friend going let's have
a look at your key. We save a right we're
buying a house tomorrow, and he went, yes, I think
that's fair enough, isn't.
Speaker 5 (19:39):
I think that's pretty fair. Actually, Tim still love.
Speaker 4 (19:42):
The fact that Ed's thinking about his marriage, going, this
is quite the commitment anyway, That's a gem for me.
I'll dine on that one for a while. Thanks. Right,
let's take some more calls, shall we. Andrew?
Speaker 9 (19:53):
Hello, Oh hi, I guess my candlest to just non
property letter was. I was working on a I was
a quantity surveyor on a building site and in London, yep,
(20:18):
and I met a Kiwi guy who is a real
nice guy's been there for a long time, very successful,
and he just said to me, well, it's better, you know,
paying something off. And it is literally.
Speaker 5 (20:36):
Pain rent the most basic thing about that, Andrew, as
well as you probably already knew that, right, He didn't
tell you anything new, but as soon as somebody else
says it, you're like, there, absolute rightly right. I've thought
about it for a while.
Speaker 9 (20:51):
Yeah, it was just just like triggered a thought and
I just went, what a waste of time? What am
I doing? I've only been in London for three months
and I just went, I'm not going to rent. There's
no way that I'm renting.
Speaker 4 (21:05):
And did you have some money saved up or what?
Speaker 9 (21:09):
No? No, the job was paying pretty well and at
the time, there were very low interest rates, there were
very minimal access to get in, and you know, I
mean the deposits were five percent, you know. So yeah,
I just jumped into the market straight away and then
(21:32):
I just rollercoastered on. I just thought, oh I found something.
Speaker 5 (21:36):
Here and Andrew. One thing I'm really interested to ask
you is how long did it take between that conversation
where he said that from that point until you ended
up buying the house?
Speaker 9 (21:51):
Well, I wish it took one week, but it took
a month.
Speaker 5 (21:55):
Amazing. That's so short.
Speaker 4 (21:56):
That's pretty quick, Ok, I think that's pretty quick.
Speaker 9 (22:00):
Yeah, yeah, I mean I mean it was just why
what why am I?
Speaker 3 (22:03):
Yeah?
Speaker 9 (22:03):
It was just very easy thing to do. Went to
the bank, provided them income statements, no problem, and yeah,
weren't there Hey.
Speaker 4 (22:16):
Actually another question around that is did you just think
about what you needed in the house in terms of
I need two bedrooms, three bedrooms and a bathroom, et cetera,
or did you or did you think I need something particular.
Speaker 9 (22:29):
House without even more, I bought a house. The market
was rice and I bought a house just walking around it.
Speaker 4 (22:38):
So you mean it was you mean you had to
act quickly because it was on fire the market.
Speaker 9 (22:44):
Oh, because if I didn't, I mean, it was going
up so much every month. Yeah, if I didn't buy
it that month, I was going to pay another ten
percent the next one.
Speaker 5 (22:55):
And Andrew, how long ago was this?
Speaker 9 (23:00):
This was probably in the.
Speaker 3 (23:05):
Well.
Speaker 9 (23:06):
I moved there in two thousand, in nineteen ninety seven,
and then the market picked up in the early two thousands.
Speaker 5 (23:14):
Okay, so twenty years ago.
Speaker 9 (23:17):
So yeah, yeah, yeah, more than twenty years ago. So yeah.
So I brought one house in ninety eight, and then
I started continually buying houses from two thousand and two
to probably two thousand and fifteen.
Speaker 4 (23:39):
We've spoken before, Andrew, and you've got this easy osy
sort of thing like, oh I bought a house, and
I bought another one. And what was your motivation when
you were buying your second and your third? Was it like,
oh I might buy another one? Oh yeah might mind?
Oh I could get quite rich doing this. It sounds
like you sort of accidentally stumbled into becoming a property magnate.
Speaker 9 (24:00):
Pretty much. The other shot of that, I was working
for an investment bank, right, I had there was like
a sideline.
Speaker 4 (24:13):
You had a bit of money coming in, You had
a bit of money coming.
Speaker 9 (24:15):
Yeah, so I had you know, I was an interest
rate swaps trader for HSBC and yeah, and I was
working for quite a senior position at Prince Swiss, which
is now dissolved into U B S. But uh yeah, yeah,
it was just like an incredible it's quite an astonishing
(24:36):
story because yeah, I just started out with nothing. I
just had my backpack.
Speaker 4 (24:44):
And it's fascinating. I mean, were you in a business
where you felt stress about things? Because you you know,
your demeanor is not that.
Speaker 9 (24:53):
You know, either felt stressful and they and people used
to you know, English people get passed off with people
that don't them. No, that'd be suspicious of you.
Speaker 4 (25:09):
They'd be suspicious of you. Theromedy guy.
Speaker 5 (25:11):
He looks too relaxed, especially if you're a swaps interistraight.
Speaker 10 (25:15):
Training exactly exactly.
Speaker 8 (25:17):
Good.
Speaker 4 (25:19):
Yeah, thanks for sharing that mate, Good on you.
Speaker 5 (25:22):
One thing I just want to pick up there, tim
Is Andrew was talking about buying with a five percent deposit,
and that was about twenty five years ago, and you
might think, oh, wasn't that the good old days where
you could buy a property with just a five percent deposit.
One thing I'll just point out is the nineteen year
old we started speaking about right at the start of
the show, also bought with a five percent deposit, but
in twenty twenty five using the first home loan, which
(25:44):
is still available for first home buyers who meet some
certain criteria.
Speaker 4 (25:48):
I think it's worth pointing out I suspect reading between
the lines with Andrew. He was talking about his mate
was saying, why don't you do this? You're paying all
this and rent you such and such. But he talked
about how the rent, how the market was going nuts,
and you know, it was every month that was going up.
So I think we did. He's almost over the fact
that one of his motivations was possibly a bit of
fomo there.
Speaker 5 (26:08):
There's probably that as well.
Speaker 4 (26:10):
Yeah, just we're throwing that and it's not much foma
at the moment, but it'll return at some stage, probably
not tomorrow.
Speaker 5 (26:16):
Though definitely not tomorrow. There are a lot of listings
on the market at the moment, but that is good
going for first home buyers. But there are some really
positive stats. You know, sometimes the media loves reporting a
negative stat but there are some really important ones out
there at the moment. Did you know that if I
zoomed back to two thousand and five. Twenty years ago,
first home buyers made up twenty one percent of the market,
(26:37):
so just over a fifth of the market. Today, first
home buyers make up twenty six percent of the market.
They're buying twenty six percent of the houses, just over
a quarter. And so even though house prices obviously are
much higher today than they were twenty years ago, key,
we first home buyers are still out there making it happen,
and they have actually grown their market share over the
last couple of years.
Speaker 4 (26:57):
Good on them, right, We'll be back in just a
moment with some more calls. Oh eight hundred and eighty
ten eighty. The question we've been throwing out there is
what did you sacrifice or what may did you get
over your someday? I'll do it, Syndrome, Give us a call,
tell us your story. Oh, eight hundred and eighty ten
eighty Text nine two nine two. This is News Talks
b the Weekend Collective at twenty three to five. Yesn't
your talks there be the one roof radio show What
(27:18):
did you give up? What made you get over your someday?
I'll do it, Syndrome To get into the property market
at eight hundred eighty ten a m with Ed mckknight.
He's a resident economist at Opez Partners. Paul, Hello, I.
Speaker 10 (27:29):
Had a go in there. You've heard of me before.
When I was thirty two, I paid off my first house.
A good mate of mind said to me, why don't
we buy rentals. This was probably about thirty three years ago.
At the time we were buying dior uppers. You could
buy them for one hundred thousand dollars and then then
(27:52):
then seldom they were were quite quite cheap. You know,
thirty three years ago properties were cheap, brown and new
new town and bed and all my friends said to me,
don't do it, you'll lose everything. But I didn't listen
to them. Now now they're in india's of me and
(28:16):
I paid my rentals off of June sixty five. I
paid the ball off. And now you know, I'm you know,
I'm quite you know I'm comfortable. Now you know, you
know you.
Speaker 4 (28:38):
Had to overcome a lot of objections basically, Paul, which
is a bit of a contrast to Ed, who was
dragged not even kicking and screaming Yeah, yeah, good on you. Hey,
thanks for court mate. I really appreciate it. We've got
lots of course to get through, so we're going to
keep it moving. Thank you for your call, Paul Mary Hello.
Speaker 3 (28:56):
Oh hi, can you hear me? Okay, yes, that's cool,
I'm not walking. I continue Zealand and been two years.
My husband walked out on me and a failing business.
Three people helped helped me to get sorted for a
(29:19):
while he was living in the same house with his
new partner and their new baby. And that's as all
I could see was from there on for the rest
of my life, that that's power is going to be
because neither of us could afford to live on our own.
But with the help of a state agent which I
worked with four or five years to help me get
(29:40):
my property up together, a good solicitor, and a very
understanding bank because we had two mortgages. That I had
two mortgages, I was paid at the time. They got
me out and to my own little place on my own.
The bank gave me enough money to cover a third
(30:00):
mortgage to get the house finished and ready to sell.
They also get need the money to make the payments
because I was on a sec at the time, and
when the house was sold, everything was settled up, and
it was brilliant. I'm I've been on my own for
ten years now, and I really enjoying life.
Speaker 5 (30:22):
That's wonderful, Mary, and I love I love the tenacity here,
like so many things going against you.
Speaker 4 (30:28):
Yeah, it's really tenacious.
Speaker 8 (30:31):
Mary.
Speaker 3 (30:32):
Yeah. Now in the end, I considered that it did
me a favor and I'm thoroughly enjoying life.
Speaker 9 (30:39):
Now.
Speaker 4 (30:40):
Good on you, Good on you.
Speaker 5 (30:41):
So many of these stories, Tim there's somebody, whether it's
the real estate agent and Mary's case, or Paul was
talking about his friends, said why don't we buy some rentals?
Andrew was working on the quantity as a quantity surveyor,
and somebody says to him, why are you bothering pay rent?
It takes somebody else to give you that little push
in the direction, and I think only Catherine who who
(31:05):
said I'm going to move to the other side of
the world to save some money. Other than that, we've
had a lot of examples of where people have been
pushed at by another person to say go and do it.
And it does show you that it's a bit of
a community. And I love that. In Mary's story, some
a whole range of people were helping her out to
get in that position.
Speaker 4 (31:23):
Excellent, Hey, good stuff, thank you for your call. Mary Barry. Hello,
ah hi, yeah, where you going?
Speaker 11 (31:32):
Yeah right, okay, Well, the question was what spurred people
into making them move into property. I come from the UK,
and back in the seventies where I got married, company
price rise wasn't really a feet You didn't really think
(31:53):
about it. But on the other hand, you didn't think
about buying. It was just assume that when you got married,
you buy a house. So I met a kiwi who
on Oi at the time that we got married. It
took a little bit longer than that, but we decided
to buy a house and we put a deposit on one,
(32:15):
and decided afterwards that we went for a year because
some of her family were coming over to the UK
for the wedding, and we thought we'll get there out
of the way and then we'll buy a house. Well
that was the begin the first of the big price
rises in the UK, and in that year all prices
in the in the area that we were living doubled,
(32:38):
so we couldn't afford anything, but we had a reason
to move up to another town. Anyway, my wife is
doing university, and so we decided to look there for
a house. It wasn't such a quatile area, and we
found one at exactly the same price as our previous
(33:00):
one a year before. So we went saw it and
the only disadvantage was that it was quite old. It
was built in fifteen hundred and sixty.
Speaker 4 (33:13):
Wow, that's old.
Speaker 5 (33:14):
Think of the night they would have had Mary.
Speaker 11 (33:18):
Yeah. Well, it was a timber frame building and it
was occupied by the family of both of them teachers.
And they said to us, the only problem is that
the mortgage companies will not give you a mortgage on
these properties because they're made of timber. Therefore, obviously they
won't last. You know, I'd only been there for four
hundred and fifty years. So we said, well what did
(33:41):
you do and they said, well, he got one from
the local authority, and this shows how things have changed.
We went up, we literally walked up to the town
hall and saw a man who was the mortgage advisor
and said, we were thinking of buying this house on
a road called East Kill, and he asked work number.
He told him and he said I know it. I said, well,
(34:03):
the existing owner say they got a mortgage from the
local authority could we get one? And he went, you
don't see any reason why not. He didn't ask any
questions about where we're getting the money from running it.
I don't honestly remember whether we have to and.
Speaker 5 (34:21):
Barry, what other things?
Speaker 4 (34:23):
Good on you, Barry.
Speaker 5 (34:24):
One of the things that that shows as well is
that sometimes it's not just somebody else, but it's a
life event that spears that, whether it getting married or
like you, tim having a baby.
Speaker 4 (34:31):
Actually, another one on that said that somebody says texted
se is wanting to start a family with what was
what pushed me and my husband into property. I wasn't
willing to start until we wasn't willing to start a
having a family while I was an a rental property.
I think that probably sums up my experience a little
bit too. I think, up to a point, one trigger
the other. Let's take some more calls. In fact, I
(34:51):
tell you what, we'll take the court. We better take
a break and we'll be back in just a minute. Actually,
my producer's telling me she's bossed me around, she's got married,
and all of a sudden she's just become so bossy.
Speaker 6 (35:02):
David, Hello, Hi, I what spared me? Off was really
just an idea someone gave me of how to achieve it. Really,
so I was riching from Taranakia ed but from Stratford
and I did an apprenticeship and joinery there and then
moved to Auckland and then did carpentry. So for the
(35:25):
first sort of ten years of my life, I was
just traveling over and working and flatting. Really so it
was pretty hard to save it spent most of what
I've earned.
Speaker 5 (35:35):
And David, what was the idea that your friend gave you?
Speaker 6 (35:39):
It was really because I went to university. This is
before the guy gave me the idea. I went to
university and changed careers and then ended up working for
a bank and I was an IT guy supporting a
contact center. And I was having a bear with one
of the guys that worked in the contact center who
gave mortgage advice and did mortgages, etc. And he said, well,
(36:01):
if your biosection, get your parents to guarantee to set
and then build the house yourself and build the equity
into the property that way. So it wasn't an easy thing,
but I did that and was able to build the
house within two or three years, and that was my
way of getting into it with no deposit.
Speaker 5 (36:22):
I love that. And again, somebody told you something, You're like, righty,
I'm going to give it a go, and he pushed
you in the right direction.
Speaker 4 (36:28):
Brilliant. David, Hey, thanks for sharing that with us. We
really appreciate it and your cause. I wait on hundred
eighty ten eight. Actually, I'm not sure we'll have time
from a course because we've got the Property of the
Week next, but we'll see where we get to. It's
eleven minutes to five news Talk seit b.
Speaker 1 (36:40):
The one roof property of the week on the Weekend Collective.
Speaker 4 (36:44):
Yes, and the one roof property of the week is
so drum roll please not really. Actually it's in fung
Ray Heads and fungar Ray obviously two to eight six
fung Ray Heads Road, three bedrooms, two bathrooms, seven car spaces.
The house itself is one hundred and fifty square meters.
It does look a bit bigger than that, and the
land is quite large thirteen and twenty square meters. It's
(37:07):
got an RV of one point two, but forget the
RV you go with the estimate of one point one four.
So it's it's worth going to have a look at
it two two eight six fung ray Heads Road. I'm
going to get ed Mknight's take on it in just
a moment. But it's got a rake ceiling, expansive glazing,
premium cabinet, tree and sleek modern appliances. Of course, in
the end, I mean I always just end up going
(37:29):
for the photos and the views it's got over the harbor.
Forget the house. I mean the house is actually quite gorgeous,
but Ed, what do you reckon? It'd be a.
Speaker 5 (37:36):
Great holiday home. The main thing, the first point out
is that flash well, it's just that far today is
different from Faraday kids. This is a little bit more
down the coast. But the reason I say it'd be
a great holiday home because because if you're an Auckland
Dern and you can afford to buy a holiday home,
this had been the one to go for because it's
so spacious, got the ramp going straight down into the ocean.
So if you're into boating, this would be the one
(37:56):
for you.
Speaker 4 (37:57):
I suspect when they say that they talk about seven
car garaging, that's really reflecting the place. The fact that
you're probably going to have a room for your trailer
and your boat and before you before you wheel it
down to the water, isn't it that?
Speaker 5 (38:09):
And that you'd have a lot of off street parking,
maybe maybe a big land area where everybody ends up
parking parking the bart.
Speaker 4 (38:15):
What era would you say that that house is because
the interior cently been moderlight and modernized with way it's
been furnished and everything, But the exterior of it.
Speaker 5 (38:24):
If i's to gut Field, I'd say seventies to maybe sixties,
but it's definitely had a very very recent reno that
would be probably only a couple of years old if not,
and brand spanking you.
Speaker 4 (38:35):
I think my producer has told me, Tyra has told
I was bot nineteen eighty four, Oh, a little bit
older than expecially a bit of a surprise. And I'm
not trying to work out what it is about the
property that makes us think it's the seventies. And I
think it's because it's got the hint of a round
window or an arched window there that instantly make I
don't know, isn't it funny what makes you sort of
think seventies? Anyway? Nineteen eighty four, so beautiful property. Go
(38:58):
and check it out on the one roof for website
one roof dot co dot nz and pretty much that
just leaves us to sort of wrap up with it.
Any sort of final sort of recollections on the getting
rid of the someday syndrome. What would your advice be
to someone like your mate did when you were you know,
he said, what's your key? We say, all right, we're
going to buy a house tomorrow. What would you say
(39:20):
to someone who was on the cusp like you? Perhaps?
Speaker 5 (39:22):
I think I'd say, start talking about buying houses with
your friends, because somebody is going to say something that
connects the dots. There's so many times where all of
us will have been thinking about things in our head.
We've been mulling it over, been mulling it over, and
then somebody says what you've been thinking, and you think, right,
I'm going to go ahead and do it. So talking
about these kinds of things to your friends will start
to spur some action.
Speaker 4 (39:43):
I think, yeah, with allso can be with all sorts
of things, whether it be making the commitment of buying
a house to making e commitment of getting married. And anyway, hey, ed,
good luck with the nuptials next weekend.
Speaker 8 (39:54):
Mate.
Speaker 4 (39:54):
I hope you have a wonderful time. It sounds like
it's going to be brilliant.
Speaker 5 (39:57):
I ceronainly hope, so I think it'll be good and
I look forward.
Speaker 4 (39:59):
To your reporting back on who on the state of
your tears when you saw your lovely I'd arrived to
walk down the aisle. I reckon, I'm gonna go with
You're gonna get all misty mate, that's gonna go anyway. Hey,
thanks for your cause. By the way, everyone, we'll be
back with the Parents Squad next. Google Sutherland is joining
us to talk about navigating at the online our children's
(40:20):
online lives and navigating and protecting their self image and
mental health as they go through that world of social media.
And also with your wrapping sport with Jason Pine looking
ahead to of course the All Blacks test in Hamilton
to night against France and Wallaby's and Lines and Brisbane,
so that'll be coming out shortly. This is the weekend
News Talk Said B. It is three and a half
to five.
Speaker 1 (40:56):
For more from the Weekend collective, listen live to News
Talk Said B weekends from three pm or follow the
podcast on iHeartRadio
You're listening to the Weekend Collective podcast from News Talk SEDB.
Speaker 2 (00:11):
House as a crowd, there's always something happen way now and.
Speaker 3 (00:28):
House Brown nothing.
Speaker 4 (00:30):
A house and welcome back to the show. This is
the one Roof radio show. That's a bit of madness.
I think is not singing our house. Gosh, it's not off.
I'm never very good at naming bands, except there's one
I was quite pleased with myself. Anyway, the little bit
of madness to get the get the show underway for
(00:52):
the next hour. By the way, if you miss a panel,
it was with Joe McCarroll and Allen black Man. It's
always a bit of fun the panel. If you've missed it,
it gets loaded up onto the website very quickly after
each hour has concluded. And as I say that, I
see my producer are going, that's right. Better click send
on that button. I don't know anyway, but you can
go to the Weekend look for the Weekend Collective on
News Talk s head B on iHeartRadio and it'll be
(01:14):
there waiting for you. So get into it. Anyway, this
is the One Roof radio show. My guest he is
a resident economist at OPA's partners and on the show.
And now before we oh no, I'll introduce him first
and we'll get into the little bits of slight distraction
before we get into the property to property show. But
it's Ed McKnight and how are you going?
Speaker 5 (01:34):
Great to be here? Tim?
Speaker 4 (01:35):
Now I mentioned to our crowd that our listeners that
my producer, our producer, Tyra got married recently and she
took a few weeks off and here we are lovers
in the air because.
Speaker 5 (01:47):
You're today evening that it'll be three years with Angela
and on our third anniversary we are getting married.
Speaker 4 (01:55):
Fantastic? Are you? Are you? Because I think that women
are much more generally prepared for the whole weekend, the
whole shebang. Are you ready for it or is it
going to hit you when she walks down the aisle
and you burst into tears?
Speaker 5 (02:10):
It probably hit me. I reckon about three weeks ago
when I realized, Wow, this is coming up, and wow,
this is actually quite the commitment. And I and I
was talking to a friend and I said, is it
normal that it kind of hits you? And they said,
I think so. I was like, it ain't cold feet,
but it's really hitting me. And so I said that
to Angela, Oh Wow, it's really hitting me this commitment
(02:31):
we're making, and she goes, oh, thank god you said it,
because I'm feeling that too. I was like, oh, well,
that's good, I said, I understand why you're committing to me,
why I'm committing to you. I don't understand why you're
committing to me.
Speaker 4 (02:43):
I wish you'd continue with the first part of that centers.
I understand why you're committing to me because I'm so fabulous.
Speaker 5 (02:51):
If you look to her, you'd understand why I'm committing
to her. That's quite obvious.
Speaker 4 (02:56):
Look, I love these stories. Now when you get to
come back next time, you're gonna have to tell us
whether you whether who got the most emotional because I
have a theory and I have yet be disproven, and
it's the guys who find the occasion when it all
hits them on that moment. It's a very emotional time
for the guys. And Tyra had said to me that
Sean better cry when I come down the aisle, and
apparently it was just a blubbering wreck, so it was
(03:18):
all good.
Speaker 5 (03:18):
So she got her way.
Speaker 4 (03:19):
Yeah, she said she couldn't cry because of the makeup.
I can't cry because anyway, what an expensive makeup apparently
have you? Is it a secret what she's walking down
the aisle to.
Speaker 5 (03:32):
So it's a song that she specifically likes. It's a
bit obscure. It's called Grow as We Gance by this
Broadway singer over in New York, but it's quite a
sweet story. For our engagement party. I hired out a
bar and I got a singer who we'd heard at
this bar previously, so he got it in there and
Angela didn't know this was going on, but I got
(03:53):
this singer to learn some of her favorite songs that
not many people know. And as the singer started singing
the specific song, I propose to Angela and so it's
going to be that song that we engaged to. As
she walks down the aisle.
Speaker 4 (04:07):
Wow, you are Doctor Love, mate. That is an awesome
That must have been pretty fantastic moment.
Speaker 5 (04:14):
Oh so it certainly was for me. I just I
just wish that angel thought that I was Doctor Love
most of the time.
Speaker 4 (04:22):
I think that's one of the funniest things. So here's here.
We have a guest who is also podcasts in the
real estate market and is heavily involved with things all
to do with real estate. And the funniest thing I
think you've said is like, when it comes to marriage, wow,
this is quite the commitment, when in fact property, property
is quite For some people, property is almost the bigger commitment.
(04:45):
I've heard a lot of the time that people said, well,
we didn't get married, we bought a house together.
Speaker 5 (04:49):
That's kind of true, and I understand that. In fact,
we once thought of having doing a Valentine's Day campaign
saying show your commitment by getting a thirty year mortgage
subtypes mortgages last longer than marriages.
Speaker 4 (05:04):
That is brilliant. You've just given somebody at some advertising
agency's going quick, let's pill for that and run with it.
Speaker 5 (05:10):
Before that one to Barfort and Thompson or ray White.
Speaker 4 (05:14):
Actually, that is a brilliant idea. That is a very
very very good idea. What was it? What was it again?
Speaker 5 (05:23):
Show your commitment, Show your commitment by getting a thirty year,
more kitch.
Speaker 4 (05:26):
Happy Valentine's Day. Well along that. The reason why I
sort of have framed things with that little segue in
a way is because getting a property is it's a
massive commitment, and there's a story of a nineteen year
old welder recently who bought his first home, and in
part he credit it to well It says he had
(05:48):
driving a less than ideal car. He drove a crap car,
and he's put that down as one of the sacrifices
that he made. But look, if I'm going to buy
a house, and I think everyone at some stage has
to go through that moment of going, okay, we have
to buy a house. Going to buy a house, we
need to make a commitment, which means commitments usually mean sacrifices.
(06:11):
Unless you've just won the lotto, what do you have?
Do you remember your sort of what you might have
had to sacrifice in the early days of getting on
the property ladder or.
Speaker 5 (06:21):
Well, my main sacrifice was not buying a house that
I was going to live in forever. Right, So the
first property I ever bought, it was actually in christ Church,
despite the fact that I lived in Auckland. And so
I decided I'm going to buy in a different city
because and I'll live in it for six months so
I can get McKee Savor out, but then I'll turn
it into a rental and there. And the reason I
(06:43):
did that was I couldn't afford to buy in Auckland,
but I could afford to buy in christ Church with
a ten percent deposit, a not a twenty percent deposit.
And when you buy with that lower deposit, you then
have to pay a slightly higher interest rate. So those
were some of the things that I was willing to
do just to get on there. But within that specific
story that you're raising, there was something else that caught
(07:04):
my eye, which is that his girlfriend's parents said, come on,
you guys should start thinking about buying a house. And
one thing that really does help I think a lot
of us when we're thinking about buying our first home,
is that someone, whether it's a friend or a parent
or an aunt or an uncle, says to you, come on,
you should get on and start doing this. And I
(07:24):
think one of the I mean, there are lots of
reasons why it's hard to buy a house in New
Zealand today, and there are a lot of logical reasons,
you know, things like high house prices, incomes maybe haven't
gone up as fast as we might have liked them
to do. But there's a lot of emotional reasons as well,
And I call it the someday sickness that for a
lot of us, we think, yes, I will do X
(07:44):
y Z things, Someday, someday, I will buy a rental property, someday,
I will start saving for a house it someday, someday, someday.
And what we often need is that parent, that coach,
that friend, that person we look up to to say
come on, let's get on and do it.
Speaker 4 (08:01):
So do you think that's that's more of a A
lot of people make their decisions about getting into property
because someone else has given them a bit of a
g up.
Speaker 5 (08:09):
Happened to me?
Speaker 4 (08:10):
Was us? So for you? Was because someone What was
the encouragement you got?
Speaker 2 (08:14):
So?
Speaker 5 (08:14):
I had a friend and we were out for dinner
and he looked at me in the eye while we
were down in christ Church because I didn't think about
buying down here, and he said, how much is any kiwisaver?
I told him and he said that's enough. We're looking
at properties tomorrow.
Speaker 4 (08:28):
Oh that's right. He basically dragged you along and told
you what you were doing, and you just went uh okay.
Speaker 5 (08:33):
And I signed the contract and that's how it all started.
And so I really do believe like often you need
that little push in the right direction. The other story
I often tell is of my business partner, who owns
about forty three forty four properties. He was hunting around
for his first one and a mortgage broker that he
looked up to, so he'd go on, just get on
and do it, and so he did. In twenty three
(08:53):
years later owns forty three properties. Same with this story
here the nineteen year old he was thinking about it,
thinking about it. The parents had come on, get on
with it, and so I often think the cure to
the someday sickness is when somebody tells you what you
already know, which has come on, let's get on with it.
Speaker 4 (09:09):
Although I might, as a devil's advocate, just suggest that
the reason you listen to them because was that you really,
you really did want to do something. You know, It's one.
Plenty of people may have given you advice earlier, and
you might have been like, no, no, no thanks. But
there must have been something about your thinking which just
took someone to go, well, come on, let's do it,
(09:29):
and you thought, and they had enough persuasiveness and credibility
I guess as well for you to go. I guess
I should just keep rolling with this. It is a
funny one, isn't it. The commitment?
Speaker 5 (09:39):
I think there's a lot of things. And by the way,
I don't want to come across as saying it's very
easy to buy houses, because it's not easy. But if
we think about so many times in life, you already
know what you need to be doing if you want
to go and get really fit. Dieted exercise. We already
know that. All of us know that there's no great secret,
(10:00):
But often it takes somebody else to say, do you
know what, if you want to be fit, you need
to do this diet and this exercise and let's get
on with it. You need the push in the right direction.
So so often I believe that we think about things
in our kid and we mulled over. We mulled over,
and it takes someone else to kind of confirm what
you already home and push you in the right direction,
and then you're off.
Speaker 4 (10:19):
So we don't know from you as well, what did
you have to overcome if you are in the market.
I mean, you know, and let's face it, lots of
people are lots of people aren't as well. What did
you have to overcome to finally get you on the
what to finally get you on the property mint ladder?
What was the sacrifice you made? And there's two ways
to look at it. You whether you actually had a
(10:40):
sacrifice you had to make or you just had a
what was the what was the expression you used someday summers?
How did you get over your someday sickness? What actually
led you to biting the bullet? And I was thinking,
for me, I guess so shit. My one was I
probably have shared this before, not that I've thought about
it a lot, but my wife and I had we
(11:02):
were having a baby, and I thought, I just thought,
we just knew we have to get a place we
cannot continue renting, And so I tracked down. I actually
tracked down. I said to my wife, would be nice
with by the place we're renting, And I tracked down
the landlord behind the agent's back. I did a property search,
found out who owned it, and I approached him about
it and he was open minded to selling, and we
(11:24):
did the deal. But it was for me, It was
it was something outside of myself, having a child, having
a family and needing to which is a pretty strong motivator,
isn't it?
Speaker 5 (11:35):
One hundred percent that's what kind of pushed you into gear. Now,
the truth of the matter is, I would imagine you
haven't shown me your bank accounts him. So I don't
know too much about your personal financial situation, but you
might have been able to do it a year, two years,
maybe a couple of years beforehand. I don't know. But
it was the kid. It was the kid that said right,
(11:55):
or the feeling of having the kid that you're like,
we need to change something. And so that's how you
got over that. That's kind of Sunday sickness, Someday syndrome.
Speaker 4 (12:03):
To be fair to us, I mean I had saved
a fair whack up through taking a few risks with concerts,
and I did the maths, and I think our mortgage
was no different to what our rent had been, which
will infuriate some people.
Speaker 5 (12:19):
That's good going.
Speaker 4 (12:20):
But we did have like a thirty five percent deposit,
so that's good. I mean, it's not that long ago.
I won't say anymore about it, but we had, you know,
we that did make it. That did make it a difference.
I guess as it did. Okay, So we want to
hear from you. How did you overcome your sometime someday sickness?
What was it? What sacrifices did you did you have
(12:42):
to make? And I guess if you were giving someone
some advice, if you were sitting next to Ed McKnight
of a few years ago at the pub and he
was and you were, how would you have encouraged you
to do it? Because I don't know what your friend's
name was, but that was a pretty ballsy play. Anyway,
What is it that's going to take to get you
over your someday sickens? It's the same thing. Look at
you might be a house owner, a homeowner, but is
(13:05):
there something about investment property because we know a lot
of investors are holding back at the moment. What is
holding them back? Is it anything to do with the
market or is it the someday sickness as well? Because
the conditions are becoming arguably a little more favorable eight
hundred and eighty ten eighty text nine to nine to
actually tell you what? Should we go to a call?
Speaker 6 (13:25):
Now?
Speaker 4 (13:26):
Let's go to a call now, shall we? Catherine? Hello, Hull,
how are you good? Thanks?
Speaker 7 (13:32):
Excellent first home purchase. The id were to the other
side of the world to be honest in order to
save up enough.
Speaker 4 (13:41):
How do you do it?
Speaker 5 (13:42):
Catherine?
Speaker 7 (13:44):
I promised myself very young that I would own a
home at twenty two years old, and at nineteen I
realized that I had a su no savings and my
you know, I think it's thirty eight thousand dollars a
year or something wasn't going to cover anything, and so
I decided to move over to the UK For fourteen months.
(14:04):
I were two full jobs over the end, but the
point was I could put money upon return. It's only
double mouth, and so I did that and within was
Actually I came back twelve months later with the deposits
for my first time city Green.
Speaker 4 (14:19):
Wow.
Speaker 5 (14:20):
Good on you, Catherine. I'd love that. It just shows
you Kiwis are so resourceful. And the other thing that
I really want to pick up is that at nineteen you,
or well before nineteen, you'd set this goal, I want
to be a homeowner by twenty two, and you said
to yourself, I'm not going to make it if I
keep doing with what I'm doing. And rather than changing
(14:41):
my goal and saying, well, you know what, we'll just
make it twenty five, or we'll just make it thirty,
You're like, well, what am I going to do it.
Must have taken quite a lot of courage to move
to the other side of the world and figure out that, yes,
I'm going to do this.
Speaker 7 (14:54):
There's a lot of loopholes to jump through to get
your visa for over there, so you have to save
a certain amount first, and you've got to prove that
you have and you're only allowed to work for twelve months,
but you can stay for two years, which you could
need to live over there if you weren't working. And
I didn't get to do much travel. I did a
little bit around, but I feel like I missed out
on quite a lot by not doing the fun trips
(15:15):
to you know. Being at horm was just round the road,
you know. But I came home and without a word
of a liar, I moved into that house two days
before my twenty second birthday. The owners of the home
couldn't understand why I had such a specific date, but
I'm like, I have to. I have to be in
by then.
Speaker 4 (15:30):
Why can I ask, you know? That is a the
I must say, Well, before I asked that, I'm just
going to make the observation that is a big deal,
because I think I would have got distracted with having
a good time in Europe.
Speaker 7 (15:42):
It was pretty tough. It was hard not to have.
I did do Egypt and stuff for like, you know,
the four day trips, and I went over to Greece
for it for a week, but I didn't do the
really fun stuff. But hey, I owned a home at
twenty two, and nothing but good has come out of that.
Speaker 4 (15:57):
Since nothing but good? Did you say?
Speaker 7 (16:00):
Yeah?
Speaker 4 (16:01):
Oh god, I missed the butt. I didn't changes the story. Hey,
why twenty two? How did you make that state there?
Speaker 7 (16:10):
I make a decision because my parents had had me
at age twenty two, and so from a young age,
I for some reason had that number in my head
as being the ultimate grown up moment, if that makes
any sense. I didn't have my own daughter until I
was thirty, but I just said that number was the
number that I don't know, it's just that signified being
an adult in my mind.
Speaker 4 (16:31):
Good on you.
Speaker 5 (16:32):
I love that, Catherine, and I hope that so many
other people out there listening will be so inspired by
what you've done and just the positive attitude of how
am I going to make it happen? And it doesn't
matter whether it's twenty two or twenty three. Or thirty
two whatever. Forty two could be the age that people
aim for. The most important thing is saying this is
my goal. I'm going to go and do it no
matter what may.
Speaker 4 (16:51):
I ask roughly how many years ago this was without
giving her too much away. Oh okay, you're still a
spring chicken.
Speaker 7 (16:59):
It's a while ago. But no, I just think people
need to realize you can make so much more money
overseas and then you've got these exchange rates, and in
just twelve months hard work, I managed to do that,
And it's what it was. It was a very scary
situation going to the other side of the world as
a small town girl. But hey, I got some cold
experiences as well, and have upgraded at the home a
(17:20):
few times.
Speaker 4 (17:21):
A small town girl. Are we talking like.
Speaker 7 (17:23):
Really really small South Otago?
Speaker 4 (17:27):
So small you don't want to name the small South
Otago place we're talking Kluther? Probably Are we're talking Moscow?
Where Moscule? Aren't they now?
Speaker 7 (17:36):
Oh my god, yes, it's.
Speaker 4 (17:38):
Boom far Oh more, Skill's not that's small.
Speaker 5 (17:41):
That's like, that's the size of the town I grew
up in inn Harbored.
Speaker 7 (17:46):
To London is a hell of a change.
Speaker 5 (17:49):
Yeah, got me Catherine.
Speaker 4 (17:52):
That sounds like a topic from it for a book,
doesn't it? My biography from Mosgiel to London? Anyway, Hey, look,
we need to take a break. By the way, I
just have to share with you. I I'd see it
off Mike, just to us. Chatting to my producer Tyra,
who's taken some steps to get on with life quite early,
and I said, how were you when you owned your
first house? Tire and she just held out my fingers
going of just twenty one, you know, humble. She did
(18:15):
it in such a way we had that humble bread
was just like just twenty one. You know, this person's twenty.
I'm you know anyway, but good on you're Tira gett
into property at twenty one. We're going to be back
with more calls. We want to know about what was
it that got you over your someday syndrome? As Ed
has described it McKnight from Op's partner, He's described it
as you know, I'll do it someday, someday, I'll do that.
(18:36):
Someday I do that. Well, eventually you bite the bobbop.
What was it that got you over it? What was
the sacrifice you made? We want to hear for your
calls as well. On eight hundred eighty ten eighty, it's
twenty five past four new stalks, Ed B.
Speaker 8 (18:50):
Won't so you get up in this club. Hev me time.
Let's get it down.
Speaker 4 (19:03):
Let's welcome back to the Weekend Collective the This is
the one rufradio show. I'm Tim Beverage. My guest is
Ed mcknighty's resident economist at OPA's Partners. We're talking about
what got you over your someday I'll do it, someday
I'll do this. What was it that got you to
make a commitment, the sacrifice to get into property. Because
I actually think these lessons are really useful for other
people who are listening, because you know, we are. We
(19:23):
all are, whether we like it or not. We're part
of a great, big community where people share stories and things,
and there's something that somebody will say one day that
will trigger you to to go and get that property.
In Ed's case, it was a friend going let's have
a look at your key. We save a right we're
buying a house tomorrow, and he went, yes, I think
that's fair enough, isn't.
Speaker 5 (19:39):
I think that's pretty fair. Actually, Tim still love.
Speaker 4 (19:42):
The fact that Ed's thinking about his marriage, going, this
is quite the commitment anyway, That's a gem for me.
I'll dine on that one for a while. Thanks. Right,
let's take some more calls, shall we. Andrew?
Speaker 9 (19:53):
Hello, Oh hi, I guess my candlest to just non
property letter was. I was working on a I was
a quantity surveyor on a building site and in London, yep,
(20:18):
and I met a Kiwi guy who is a real
nice guy's been there for a long time, very successful,
and he just said to me, well, it's better, you know,
paying something off. And it is literally.
Speaker 5 (20:36):
Pain rent the most basic thing about that, Andrew, as
well as you probably already knew that, right, He didn't
tell you anything new, but as soon as somebody else
says it, you're like, there, absolute rightly right. I've thought
about it for a while.
Speaker 9 (20:51):
Yeah, it was just just like triggered a thought and
I just went, what a waste of time? What am
I doing? I've only been in London for three months
and I just went, I'm not going to rent. There's
no way that I'm renting.
Speaker 4 (21:05):
And did you have some money saved up or what?
Speaker 9 (21:09):
No? No, the job was paying pretty well and at
the time, there were very low interest rates, there were
very minimal access to get in, and you know, I
mean the deposits were five percent, you know. So yeah,
I just jumped into the market straight away and then
(21:32):
I just rollercoastered on. I just thought, oh I found something.
Speaker 5 (21:36):
Here and Andrew. One thing I'm really interested to ask
you is how long did it take between that conversation
where he said that from that point until you ended
up buying the house?
Speaker 9 (21:51):
Well, I wish it took one week, but it took
a month.
Speaker 5 (21:55):
Amazing. That's so short.
Speaker 4 (21:56):
That's pretty quick, Ok, I think that's pretty quick.
Speaker 9 (22:00):
Yeah, yeah, I mean I mean it was just why
what why am I?
Speaker 3 (22:03):
Yeah?
Speaker 9 (22:03):
It was just very easy thing to do. Went to
the bank, provided them income statements, no problem, and yeah,
weren't there Hey.
Speaker 4 (22:16):
Actually another question around that is did you just think
about what you needed in the house in terms of
I need two bedrooms, three bedrooms and a bathroom, et cetera,
or did you or did you think I need something particular.
Speaker 9 (22:29):
House without even more, I bought a house. The market
was rice and I bought a house just walking around it.
Speaker 4 (22:38):
So you mean it was you mean you had to
act quickly because it was on fire the market.
Speaker 9 (22:44):
Oh, because if I didn't, I mean, it was going
up so much every month. Yeah, if I didn't buy
it that month, I was going to pay another ten
percent the next one.
Speaker 5 (22:55):
And Andrew, how long ago was this?
Speaker 9 (23:00):
This was probably in the.
Speaker 3 (23:05):
Well.
Speaker 9 (23:06):
I moved there in two thousand, in nineteen ninety seven,
and then the market picked up in the early two thousands.
Speaker 5 (23:14):
Okay, so twenty years ago.
Speaker 9 (23:17):
So yeah, yeah, yeah, more than twenty years ago. So yeah.
So I brought one house in ninety eight, and then
I started continually buying houses from two thousand and two
to probably two thousand and fifteen.
Speaker 4 (23:39):
We've spoken before, Andrew, and you've got this easy osy
sort of thing like, oh I bought a house, and
I bought another one. And what was your motivation when
you were buying your second and your third? Was it like,
oh I might buy another one? Oh yeah might mind?
Oh I could get quite rich doing this. It sounds
like you sort of accidentally stumbled into becoming a property magnate.
Speaker 9 (24:00):
Pretty much. The other shot of that, I was working
for an investment bank, right, I had there was like
a sideline.
Speaker 4 (24:13):
You had a bit of money coming in, You had
a bit of money coming.
Speaker 9 (24:15):
Yeah, so I had you know, I was an interest
rate swaps trader for HSBC and yeah, and I was
working for quite a senior position at Prince Swiss, which
is now dissolved into U B S. But uh yeah, yeah,
it was just like an incredible it's quite an astonishing
(24:36):
story because yeah, I just started out with nothing. I
just had my backpack.
Speaker 4 (24:44):
And it's fascinating. I mean, were you in a business
where you felt stress about things? Because you you know,
your demeanor is not that.
Speaker 9 (24:53):
You know, either felt stressful and they and people used
to you know, English people get passed off with people
that don't them. No, that'd be suspicious of you.
Speaker 4 (25:09):
They'd be suspicious of you. Theromedy guy.
Speaker 5 (25:11):
He looks too relaxed, especially if you're a swaps interistraight.
Speaker 10 (25:15):
Training exactly exactly.
Speaker 8 (25:17):
Good.
Speaker 4 (25:19):
Yeah, thanks for sharing that mate, Good on you.
Speaker 5 (25:22):
One thing I just want to pick up there, tim
Is Andrew was talking about buying with a five percent deposit,
and that was about twenty five years ago, and you
might think, oh, wasn't that the good old days where
you could buy a property with just a five percent deposit.
One thing I'll just point out is the nineteen year
old we started speaking about right at the start of
the show, also bought with a five percent deposit, but
in twenty twenty five using the first home loan, which
(25:44):
is still available for first home buyers who meet some
certain criteria.
Speaker 4 (25:48):
I think it's worth pointing out I suspect reading between
the lines with Andrew. He was talking about his mate
was saying, why don't you do this? You're paying all
this and rent you such and such. But he talked
about how the rent, how the market was going nuts,
and you know, it was every month that was going up.
So I think we did. He's almost over the fact
that one of his motivations was possibly a bit of
fomo there.
Speaker 5 (26:08):
There's probably that as well.
Speaker 4 (26:10):
Yeah, just we're throwing that and it's not much foma
at the moment, but it'll return at some stage, probably
not tomorrow.
Speaker 5 (26:16):
Though definitely not tomorrow. There are a lot of listings
on the market at the moment, but that is good
going for first home buyers. But there are some really
positive stats. You know, sometimes the media loves reporting a
negative stat but there are some really important ones out
there at the moment. Did you know that if I
zoomed back to two thousand and five. Twenty years ago,
first home buyers made up twenty one percent of the market,
(26:37):
so just over a fifth of the market. Today, first
home buyers make up twenty six percent of the market.
They're buying twenty six percent of the houses, just over
a quarter. And so even though house prices obviously are
much higher today than they were twenty years ago, key,
we first home buyers are still out there making it happen,
and they have actually grown their market share over the
last couple of years.
Speaker 4 (26:57):
Good on them, right, We'll be back in just a
moment with some more calls. Oh eight hundred and eighty
ten eighty. The question we've been throwing out there is
what did you sacrifice or what may did you get
over your someday? I'll do it, Syndrome, Give us a call,
tell us your story. Oh, eight hundred and eighty ten
eighty Text nine two nine two. This is News Talks
b the Weekend Collective at twenty three to five. Yesn't
your talks there be the one roof radio show What
(27:18):
did you give up? What made you get over your someday?
I'll do it, Syndrome To get into the property market
at eight hundred eighty ten a m with Ed mckknight.
He's a resident economist at Opez Partners. Paul, Hello, I.
Speaker 10 (27:29):
Had a go in there. You've heard of me before.
When I was thirty two, I paid off my first house.
A good mate of mind said to me, why don't
we buy rentals. This was probably about thirty three years ago.
At the time we were buying dior uppers. You could
buy them for one hundred thousand dollars and then then
(27:52):
then seldom they were were quite quite cheap. You know,
thirty three years ago properties were cheap, brown and new
new town and bed and all my friends said to me,
don't do it, you'll lose everything. But I didn't listen
to them. Now now they're in india's of me and
(28:16):
I paid my rentals off of June sixty five. I
paid the ball off. And now you know, I'm you know,
I'm quite you know I'm comfortable. Now you know, you
know you.
Speaker 4 (28:38):
Had to overcome a lot of objections basically, Paul, which
is a bit of a contrast to Ed, who was
dragged not even kicking and screaming Yeah, yeah, good on you. Hey,
thanks for court mate. I really appreciate it. We've got
lots of course to get through, so we're going to
keep it moving. Thank you for your call, Paul Mary Hello.
Speaker 3 (28:56):
Oh hi, can you hear me? Okay, yes, that's cool,
I'm not walking. I continue Zealand and been two years.
My husband walked out on me and a failing business.
Three people helped helped me to get sorted for a
(29:19):
while he was living in the same house with his
new partner and their new baby. And that's as all
I could see was from there on for the rest
of my life, that that's power is going to be
because neither of us could afford to live on our own.
But with the help of a state agent which I
worked with four or five years to help me get
(29:40):
my property up together, a good solicitor, and a very
understanding bank because we had two mortgages. That I had
two mortgages, I was paid at the time. They got
me out and to my own little place on my own.
The bank gave me enough money to cover a third
(30:00):
mortgage to get the house finished and ready to sell.
They also get need the money to make the payments
because I was on a sec at the time, and
when the house was sold, everything was settled up, and
it was brilliant. I'm I've been on my own for
ten years now, and I really enjoying life.
Speaker 5 (30:22):
That's wonderful, Mary, and I love I love the tenacity here,
like so many things going against you.
Speaker 4 (30:28):
Yeah, it's really tenacious.
Speaker 8 (30:31):
Mary.
Speaker 3 (30:32):
Yeah. Now in the end, I considered that it did
me a favor and I'm thoroughly enjoying life.
Speaker 9 (30:39):
Now.
Speaker 4 (30:40):
Good on you, Good on you.
Speaker 5 (30:41):
So many of these stories, Tim there's somebody, whether it's
the real estate agent and Mary's case, or Paul was
talking about his friends, said why don't we buy some rentals?
Andrew was working on the quantity as a quantity surveyor,
and somebody says to him, why are you bothering pay rent?
It takes somebody else to give you that little push
in the direction, and I think only Catherine who who
(31:05):
said I'm going to move to the other side of
the world to save some money. Other than that, we've
had a lot of examples of where people have been
pushed at by another person to say go and do it.
And it does show you that it's a bit of
a community. And I love that. In Mary's story, some
a whole range of people were helping her out to
get in that position.
Speaker 4 (31:23):
Excellent, Hey, good stuff, thank you for your call. Mary Barry. Hello,
ah hi, yeah, where you going?
Speaker 11 (31:32):
Yeah right, okay, Well, the question was what spurred people
into making them move into property. I come from the UK,
and back in the seventies where I got married, company
price rise wasn't really a feet You didn't really think
(31:53):
about it. But on the other hand, you didn't think
about buying. It was just assume that when you got married,
you buy a house. So I met a kiwi who
on Oi at the time that we got married. It
took a little bit longer than that, but we decided
to buy a house and we put a deposit on one,
(32:15):
and decided afterwards that we went for a year because
some of her family were coming over to the UK
for the wedding, and we thought we'll get there out
of the way and then we'll buy a house. Well
that was the begin the first of the big price
rises in the UK, and in that year all prices
in the in the area that we were living doubled,
(32:38):
so we couldn't afford anything, but we had a reason
to move up to another town. Anyway, my wife is
doing university, and so we decided to look there for
a house. It wasn't such a quatile area, and we
found one at exactly the same price as our previous
(33:00):
one a year before. So we went saw it and
the only disadvantage was that it was quite old. It
was built in fifteen hundred and sixty.
Speaker 4 (33:13):
Wow, that's old.
Speaker 5 (33:14):
Think of the night they would have had Mary.
Speaker 11 (33:18):
Yeah. Well, it was a timber frame building and it
was occupied by the family of both of them teachers.
And they said to us, the only problem is that
the mortgage companies will not give you a mortgage on
these properties because they're made of timber. Therefore, obviously they
won't last. You know, I'd only been there for four
hundred and fifty years. So we said, well what did
(33:41):
you do and they said, well, he got one from
the local authority, and this shows how things have changed.
We went up, we literally walked up to the town
hall and saw a man who was the mortgage advisor
and said, we were thinking of buying this house on
a road called East Kill, and he asked work number.
He told him and he said I know it. I said, well,
(34:03):
the existing owner say they got a mortgage from the
local authority could we get one? And he went, you
don't see any reason why not. He didn't ask any
questions about where we're getting the money from running it.
I don't honestly remember whether we have to and.
Speaker 5 (34:21):
Barry, what other things?
Speaker 4 (34:23):
Good on you, Barry.
Speaker 5 (34:24):
One of the things that that shows as well is
that sometimes it's not just somebody else, but it's a
life event that spears that, whether it getting married or
like you, tim having a baby.
Speaker 4 (34:31):
Actually, another one on that said that somebody says texted
se is wanting to start a family with what was
what pushed me and my husband into property. I wasn't
willing to start until we wasn't willing to start a
having a family while I was an a rental property.
I think that probably sums up my experience a little
bit too. I think, up to a point, one trigger
the other. Let's take some more calls. In fact, I
(34:51):
tell you what, we'll take the court. We better take
a break and we'll be back in just a minute. Actually,
my producer's telling me she's bossed me around, she's got married,
and all of a sudden she's just become so bossy.
Speaker 6 (35:02):
David, Hello, Hi, I what spared me? Off was really
just an idea someone gave me of how to achieve it. Really,
so I was riching from Taranakia ed but from Stratford
and I did an apprenticeship and joinery there and then
moved to Auckland and then did carpentry. So for the
(35:25):
first sort of ten years of my life, I was
just traveling over and working and flatting. Really so it
was pretty hard to save it spent most of what
I've earned.
Speaker 5 (35:35):
And David, what was the idea that your friend gave you?
Speaker 6 (35:39):
It was really because I went to university. This is
before the guy gave me the idea. I went to
university and changed careers and then ended up working for
a bank and I was an IT guy supporting a
contact center. And I was having a bear with one
of the guys that worked in the contact center who
gave mortgage advice and did mortgages, etc. And he said, well,
(36:01):
if your biosection, get your parents to guarantee to set
and then build the house yourself and build the equity
into the property that way. So it wasn't an easy thing,
but I did that and was able to build the
house within two or three years, and that was my
way of getting into it with no deposit.
Speaker 5 (36:22):
I love that. And again, somebody told you something, You're like, righty,
I'm going to give it a go, and he pushed
you in the right direction.
Speaker 4 (36:28):
Brilliant. David, Hey, thanks for sharing that with us. We
really appreciate it and your cause. I wait on hundred
eighty ten eight. Actually, I'm not sure we'll have time
from a course because we've got the Property of the
Week next, but we'll see where we get to. It's
eleven minutes to five news Talk seit b.
Speaker 1 (36:40):
The one roof property of the week on the Weekend Collective.
Speaker 4 (36:44):
Yes, and the one roof property of the week is
so drum roll please not really. Actually it's in fung
Ray Heads and fungar Ray obviously two to eight six
fung Ray Heads Road, three bedrooms, two bathrooms, seven car spaces.
The house itself is one hundred and fifty square meters.
It does look a bit bigger than that, and the
land is quite large thirteen and twenty square meters. It's
(37:07):
got an RV of one point two, but forget the
RV you go with the estimate of one point one four.
So it's it's worth going to have a look at
it two two eight six fung ray Heads Road. I'm
going to get ed Mknight's take on it in just
a moment. But it's got a rake ceiling, expansive glazing,
premium cabinet, tree and sleek modern appliances. Of course, in
the end, I mean I always just end up going
(37:29):
for the photos and the views it's got over the harbor.
Forget the house. I mean the house is actually quite gorgeous,
but Ed, what do you reckon? It'd be a.
Speaker 5 (37:36):
Great holiday home. The main thing, the first point out
is that flash well, it's just that far today is
different from Faraday kids. This is a little bit more
down the coast. But the reason I say it'd be
a great holiday home because because if you're an Auckland
Dern and you can afford to buy a holiday home,
this had been the one to go for because it's
so spacious, got the ramp going straight down into the ocean.
So if you're into boating, this would be the one
(37:56):
for you.
Speaker 4 (37:57):
I suspect when they say that they talk about seven
car garaging, that's really reflecting the place. The fact that
you're probably going to have a room for your trailer
and your boat and before you before you wheel it
down to the water, isn't it that?
Speaker 5 (38:09):
And that you'd have a lot of off street parking,
maybe maybe a big land area where everybody ends up
parking parking the bart.
Speaker 4 (38:15):
What era would you say that that house is because
the interior cently been moderlight and modernized with way it's
been furnished and everything, But the exterior of it.
Speaker 5 (38:24):
If i's to gut Field, I'd say seventies to maybe sixties,
but it's definitely had a very very recent reno that
would be probably only a couple of years old if not,
and brand spanking you.
Speaker 4 (38:35):
I think my producer has told me, Tyra has told
I was bot nineteen eighty four, Oh, a little bit
older than expecially a bit of a surprise. And I'm
not trying to work out what it is about the
property that makes us think it's the seventies. And I
think it's because it's got the hint of a round
window or an arched window there that instantly make I
don't know, isn't it funny what makes you sort of
think seventies? Anyway? Nineteen eighty four, so beautiful property. Go
(38:58):
and check it out on the one roof for website
one roof dot co dot nz and pretty much that
just leaves us to sort of wrap up with it.
Any sort of final sort of recollections on the getting
rid of the someday syndrome. What would your advice be
to someone like your mate did when you were you know,
he said, what's your key? We say, all right, we're
going to buy a house tomorrow. What would you say
(39:20):
to someone who was on the cusp like you? Perhaps?
Speaker 5 (39:22):
I think I'd say, start talking about buying houses with
your friends, because somebody is going to say something that
connects the dots. There's so many times where all of
us will have been thinking about things in our head.
We've been mulling it over, been mulling it over, and
then somebody says what you've been thinking, and you think, right,
I'm going to go ahead and do it. So talking
about these kinds of things to your friends will start
to spur some action.
Speaker 4 (39:43):
I think, yeah, with allso can be with all sorts
of things, whether it be making the commitment of buying
a house to making e commitment of getting married. And anyway, hey, ed,
good luck with the nuptials next weekend.
Speaker 8 (39:54):
Mate.
Speaker 4 (39:54):
I hope you have a wonderful time. It sounds like
it's going to be brilliant.
Speaker 5 (39:57):
I ceronainly hope, so I think it'll be good and
I look forward.
Speaker 4 (39:59):
To your reporting back on who on the state of
your tears when you saw your lovely I'd arrived to
walk down the aisle. I reckon, I'm gonna go with
You're gonna get all misty mate, that's gonna go anyway. Hey,
thanks for your cause. By the way, everyone, we'll be
back with the Parents Squad next. Google Sutherland is joining
us to talk about navigating at the online our children's
(40:20):
online lives and navigating and protecting their self image and
mental health as they go through that world of social media.
And also with your wrapping sport with Jason Pine looking
ahead to of course the All Blacks test in Hamilton
to night against France and Wallaby's and Lines and Brisbane,
so that'll be coming out shortly. This is the weekend
News Talk Said B. It is three and a half
to five.
Speaker 1 (40:56):
For more from the Weekend collective, listen live to News
Talk Said B weekends from three pm or follow the
podcast on iHeartRadio
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