ASK107: What drives house prices? PLUS: When's the right time to start looking for investments?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 26 September 2017

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, a listener & Tom from Cambridge… ...asks Rob & Rob... What drives house prices? PLUS: When's the right time to start looking for investments? ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. NEED MORE ANSWERS? The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors. Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way. Just don't hang around - there are only four Summits each year, and just 8 places available at each! Interested? Click here to find out more. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.
0:05.0	Yes, welcome to Ask Rob and Rob. Two guys, two questions, two answers, two ways of sending
0:17.3	us those questions, Rob. There is, nice and simple, you can go to the Property Hub.net.
0:22.1	forward slash ask, to the Property Hub.net forward slash ask.
0:23.0	Leave a recording there.
0:27.4	Of course you can do that via your computer or your phone.
0:30.3	But if you're hardcore and you love the old-fashioned telephone, well don't worry, you can do that as well.
0:36.0	Oh, 1.3808.00035. That's 013. 808,000.3535 normal rates apply.
0:44.8	First question.
0:46.3	No name so we can't credit you but thank you whoever it is because it's really good.
0:50.4	Hey Robin Rob I thank you guys the amazing podcast.
0:54.2	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?
1:08.0	Again, thank you so much for all your hard work. I love the episodes and your podcasts and your magazines.
1:14.8	Cheers guys, bye bye. Yeah, that is a really good question. A really important question as well and a big one.
1:21.5	Not the kind of thing that we could easily do justice to in five
1:24.1	minutes but don't worry we're not going to short change you we're going to give you an
1:26.8	answer now but we will come back to this on the property podcast to give it the full
1:30.4	treatment as well because we've kind of touched on bits of this from different
1:34.2	angles but we haven't really pulled it all together so looking forward to doing that.
1:37.8	Very broadly speaking I would say that house prices are driven largely by three things. One is supply and demand. The second
1:46.8	is sentiment and the third is the price and availability of credit. So prices tend to go up
1:52.4	when there's lots of people wanting houses.
	...

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