The John Kenel Show

Governments around the world are talking about paying you to exist. It's called a universal basic income, and AI is the reason it's back on the table.
 
In this episode I look at what's actually being proposed here in New Zealand and overseas, what the real-world pilots in Finland and Ontario showed, what a land tax looks like from someone who actually holds land, and the part almost nobody talks about: what happens to the relationship between you and your government when your income and your money both come from the same place.
 
And then the practical bit. $370 a week is about $19,000 a year. You don't have to wait for a government to give you that. You can build it yourself.
 
Sign up to my FREE monthly newsletter to improve your finances: https://johnkenel.com
 
Get finance for your property development with Squirrel: https://funding.johnkenel.com
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

Someone commented that developers are deluded and my 695,000 home was a ripoff. Fair enough, I've heard worse. But it got me onto the argument I have nearly every day: get investors out and more Kiwis will own a home.
 
Partly right, but it answers the wrong question. So in this one I do something simple. I count the houses. When an investor sells a rental to a first home buyer, one household becomes an owner, and that's great, but New Zealand still has the same number of homes on the ground. The name on the title changed, the roof didn't.
 
I get into the 2021 interest deductibility changes, why the government quietly wanted a different kind of landlord, what build to rent really does to supply, how Australia rolls out the red carpet for big operators, and why no pre-sales means no finance, no build, and no new front door. Two questions cut through all the noise: does it help more Kiwis own a home, and does it actually create another home to live in.
 
Sign up to my FREE monthly newsletter to improve your finances: https://johnkenel.com
 
Get finance for your property development with Squirrel: https://funding.johnkenel.com 
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

John Kenel sits down with John Bolton from Squirrel, New Zealand’s biggest mortgage broker.
 
What’s getting funded, what’s getting declined, and why?
 
They discuss the OCR at 2.5%, the water companies that are now a bigger development risk than councils, why 41% of apartment sellers lost money last quarter, Australia’s negative-gearing changes, and how AI is starting to change the property industry.
 
Sign up to my FREE monthly newsletter to improve your finances: https://johnkenel.com
 
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

You're not falling behind because you're lazy or doing something wrong, the ground has genuinely shifted under ordinary Kiwis and nobody's bothered to explain why.
 
Power up 12%, council rates up 9%, insurance up 30% in three years, but the official inflation number says 3.1%.
 
Once you understand what's actually happening, you'll stop blaming yourself and start building a life that can't easily be pushed around.
 
Sign up to my FREE monthly newsletter to improve your finances: https://johnkenel.com
 
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

The Greens are calling it a capital acquisitions tax because inheritance tax doesn't poll well, but whatever you call it, it means the government takes a third of what you've spent your life building. This isn't just a tax debate, it's a family debate. Most inheritance isn't super yachts and mansions... It's a house, a small business, a few rentals that mum and dad built by working hard, taking risks, and saving for decades.
 
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

Its time New Zealand start taking a look at Australia's tax changes and learn from them, both their mistakes and what they do well... 
 
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

New Zealand's pension system is heading for a cliff. In 1965, seven working-age people supported every retiree. Today it's four workers per retiree. By 2065, it'll be two workers supporting every person over 65.
 
The system was built for a different country with a younger population. Now we're trying to run the same pension promise with half the workforce to pay for it.
 
The usual answer is 'just lift the retirement age.' But that hits people with physical jobs hardest - tradies, builders, roofers can't work until 67 like office workers can.
 
Australia saw this coming and acted early. They made super compulsory at 12% contributions. Average Australian retirement balance: $420,000. Average Kiwi: $69,000. We did it at half speed.
 
The real problem? This was never about pensions - it's about whether people own enough of their future to make their own choices. The pension shouldn't be your whole plan, it should be your backup plan.
 
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com 

Get finance for your property development with Squirrel: https://funding.tpdc.nz/
 
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
 
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
 
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com