5. The Love Affair

For decades, New Zealand’s love affair with property has pulled everyday investors into schemes that promise certainty and deliver risk. Over and over again, the same story.   In the final episode of The Fall of the House of Du Val, Maria Slade asks whether this cycle is finally starting to break.   She presents the features of a fringe investment to first-year university students to test a simple idea. Are they more financially literate than their parents, or are we raising the next generation of willing believers?   The Retirement Commissioner lays out her Five Golden Rules for Mum and Dad investors, cutting through decades of property mythology with uncomfortable clarity.   For Du Val investors still owed $64 million, the outlook remains bleak. And yet, group founder Kenyon Clarke vows "I'll be back".   Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.   Host, researcher, writer: Maria Slade Producer: Hamish Williams Lead Sound Design: Mick AndrewsAdditional Sound Design: Lara HealyExecutive Producers: Jane Yee and Duncan Bridgeman   https://businessdesk.co.nz/du-valSee omnystudio.com/listener for privacy information.