And so in your experience, how have

people achieved that? The only way to really add value to a property in a short period of time is to do the renovations, add a bedroom.

A lot of people in Grayland, Ponsonby will find a two or three bedroom villa and push the back out into the section.

create a four bedroom villa with, you know, a new kitchen and living room, etc.

So it becomes a factor of, you know, what are other houses in the area worth? You know, I'm buying this house for one million dollars and the neighbouring house is actually worth two.

In that instance, you go, OK, well, it's worth a million dollars because the house is run down and it hasn't had any work done on it.

So you can actually quickly add value on that and you can happily buy knowing that you will be able to add value quite quickly.

All right, and just to move a bit away from property now and more into interest rates and what people should be thinking about, lifestyle can affect what rates you should