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This week, Nick chats to Dan Bailey, Adviser for Loan Market Capital & Coast.
Before Nick and Dan get into the advisor world, including Dan's experience of the current market, the three guys quickly review the just-released OCR review. In the review, the RBNZ held the rate at 5.5%, but notable softened their stance of the economic environment, increasing chances of a 'sooner than later' cut to the OCR.
Dan has a long and successful career in banking and finance and with his knowledge of the Lower Hutt and Wellington markets in particular, he has great insight into the impact of regulation, government intervention and a costly new build market.
Plenty of food for thought as we navigate a still-challenging and always intriguing property market.
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This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.
