Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

Yes, welcome to Ask Rob and Rob. Two guys, two questions, two answers, two ways of sending

us those questions, Rob. There is, nice and simple, you can go to the Property Hub.net.

forward slash ask, to the Property Hub.net forward slash ask.

Leave a recording there.

Of course you can do that via your computer or your phone.

But if you're hardcore and you love the old-fashioned telephone, well don't worry, you can do that as well.

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First question.

No name so we can't credit you but thank you whoever it is because it's really good.

Hey Robin Rob I thank you guys the amazing podcast.

My question is, is there a relation between house prices and inflation or gold or salaries? I mean what is the correlation between all of those or is it a factor of those?

Again, thank you so much for all your hard work. I love the episodes and your podcasts and your magazines.

Cheers guys, bye bye. Yeah, that is a really good question. A really important question as well and a big one.

Not the kind of thing that we could easily do justice to in five

minutes but don't worry we're not going to short change you we're going to give you an

answer now but we will come back to this on the property podcast to give it the full

treatment as well because we've kind of touched on bits of this from different

angles but we haven't really pulled it all together so looking forward to doing that.

Very broadly speaking I would say that house prices are driven largely by three things. One is supply and demand. The second

is sentiment and the third is the price and availability of credit. So prices tend to go up

when there's lots of people wanting houses.

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