ASK158 When will prices go up in the North East? PLUS: Am I going to get taxed twice?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 16 October 2018
⏱️ 6 minutes
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| 0:00.0 | Hi, I'm Rob. And I'm Rob. And this is our scrub and Rob. |
| 0:05.6 | Hello everyone and welcome back to Ask Rob and Rob. |
| 0:11.2 | It's a Tuesday. We've got two questions. Unfortunately, two answers as well. They're |
| 0:15.9 | coming up in a moment, but before we do, let's give you a quick reminder on how you can get on the |
| 0:20.6 | show. Yep, all you have to do is give us a call on 013, 808, 80035. |
| 0:27.0 | You can leave us a message there or you can do exactly the same thing by going to the Property Hub |
| 0:31.0 | dot net slash ask. |
| 0:32.0 | When you do, all you've got to do is tell us your question, but also tell us your name. |
| 0:35.8 | Otherwise we'll make one up for you. |
| 0:37.2 | So today's first question I've decided has come in from PJ. |
| 0:39.8 | Hey Robin Rob, I just want to say thank you very much for all the free knowledge you're giving and keep up the good work. Fantastic source of information. |
| 0:48.0 | My question for you this week is we're talking about the ripple effect and the northern cities getting some capital growth. |
| 0:55.0 | I invested in the northeast and property prices are still sub 2007 prices so before the crash. |
| 1:04.0 | Just wondering whether you're expecting the cities such as Newcastle and Middlesbrough to see any capital |
| 1:09.9 | growth after the mid-cycle wobble. Thanks very much. |
| 1:12.6 | Great question PJ. Love questions like this and it's great to hear that you and |
| 1:18.1 | I'm sure many other people are starting to think about the ripple effect. I know |
| 1:21.4 | Rob and I certainly are and we'll podcast on that in the coming weeks. |
| 1:24.8 | So the North East in particular, what's happening? Well not a lot as you've rightly pointed |
| 1:29.9 | out. Prices in most areas haven't recovered from the 2007 levels so does that mean it's |
| 1:35.5 | done dusted and never to grow again no far from it it's just not had it to turn |
| 1:39.7 | yet now of all the areas in the northeast the only one of real interests at the moment is Newcastle |
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