Nick Goodall

Are they the ones that are buying all those townhouses in Auckland?

Have you seen any sign of those next homeowners

who are moving from their original home or, you know, they've been in a house for 10 years, now starting to test the waters to move to their next home and maybe get the wheels of this market sort of turning?

Yeah, and I think that's probably hypersensitive in Auckland, right?

Like if you live in Auckland, the biggest comparison you're going to get to moving to a similar size city is going to be somewhere in Australia.

So I think you'd feel that more than probably the rest of us.

And no doubt that's real, right?

That's backed up by data.

I agree with investors looking at their options, right?

Like, you know, it's not to say that investing in housing can't continue to work, but the numbers have changed.

And you've also got other opportunities that you might see as very valid options to invest in.

Often you can't leverage to get into those options.

So there's still going to be the appeal of housing for that.

But it does feel like, especially as newer generations come through too, they're going, maybe I don't need to have investment properties to retire comfortably.

There are other ways to accumulate wealth over time.

So it definitely feels like a mindset changing.

I don't think we've moved away from being property obsessed just yet as a nation, but it's definitely starting to change a little bit.

And once again, I think that's acutely felt in the Auckland market itself.

Look, guys, we could probably talk about the nuances of everyone's market forever, but we have to sort of move on to a few other sections of the report, which I found really interesting.

One of the other topics that we had in there was the respondent's view of all the planning reform that's happened over the last few years.