THE GREAT DEBATE
SUBJECT: PROPERTY IS THE BEST INVESTMENT
THURSDAY 8 SEPTEMBER
STAMFORD PLAZA HOTEL
Friendly rivalry between a property panel and a share market investment team kept an audience of more than 90 glued to their seats at the Spring JUNO Exchange event at Stamford Plaza Hotel in Auckland.
JUNO’s ‘The Great Debate: Property is the Best Investment’, on September 8, was in support of the Commission for Financial Capability’s Money Week 2016 and had the experts arguing whether property is the best place to put your money, or whether returns are better invested in the share market.
As the pace of house price growth continues to be a hot topic for the media and dinner parties, the debate attracted a big audience and some guests said the debaters had made them reconsider their investment choices, to more evenly allocate their funds.
• Hannah McQueen, Director of investment coaching company, enableMe
• James Wilson, Valuation Manager at Valocity
• Andrew King, Executive Officer of the New Zealand Property Investors Federation
• Caroline Ritchie, Financial columnist and owner of Investment Stuff
• Daniel Metcalfe, Senior Client Adviser at OMF
• Mark Devcich, Portfolio Manager at Pie Funds.
The winners, by a slim margin, were the share market investment team. But the result was so close that judges Paul Gregory, from the Financial Markets Authority, and Jo Hammer, JUNO’s Subeditor, had to delay their decision and do a recount.
The debate was held at Stamford Plaza’s spacious ballroom, and began with an elegant pre-event soiree of canapés and drinks in the ballroom’s foyer, before moving into the ballroom for the debate.
Sound, screens and lighting were controlled by AV Media, which has recently taken over the audiovisual component of Stamford Plaza’s conferencing division.