Story perspectives

Retired NZ Businessman Invests $25M to Build Affordable Homes

12/26/2025

Summary

Story summary

Roger Fewtrell, a retired businessman from Dunedin, New Zealand, plans to build 250 homes for first-time buyers over the next decade, investing $25 million of his own money.
He founded Southern Hospitality to help working people who struggle to afford homes by providing financial assistance for deposits.
Despite challenges with local councils, the project includes 15 active subdivisions.
His philanthropic efforts stem from a desire to give back to the community that supported him.

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Story summary

Roger Fewtrell, a retired businessman from Dunedin, New Zealand, plans to build 250 homes for first-time buyers over the next decade, investing $25 million of his own money.
He founded Southern Hospitality to help working people who struggle to afford homes by providing financial assistance for deposits.
Despite challenges with local councils, the project includes 15 active subdivisions.
His philanthropic efforts stem from a desire to give back to the community that supported him.