Nadine HigginsThe Prosperity Project host·NZ Herald·2 Aug, 2026 05:00 PM2 mins to read‌Retirement village sector expert Jenny Baldwin podcast lays it out. "You're not buying any property rights. It's simply a contractual right for you to stay in that unit for as long as you want to." Pictured is Hamilton's Awatere Village.Moving into a retirement village can involve handing over hundreds of thousands – or even millions – of dollars, but it does not buy you a house.

“In most retirement villages in New Zealand, you’re buying an occupation right agreement,” retirement village sector expert and Anthony Harper partner Jenny Baldwin