ASK236: Will there be a recession after coronavirus? PLUS: Has the 18 year property cycle been reset?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 19 May 2020
⏱️ 6 minutes
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Summary
Transcript
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| 0:00.0 | Hi, I'm Rob. |
| 0:03.4 | And I'm Rob. |
| 0:04.1 | And this is Ask Rob and Rob. |
| 0:05.5 | Hello everybody. |
| 0:08.8 | Welcome to Ask Rob and Rob, the show where you get your questions in and we will give you our answers. |
| 0:14.4 | Now this week we're really being tested because people want us to predict the future |
| 0:18.4 | and we will do our very best of that. |
| 0:20.3 | But if you'd like us to give predictions of the future, then you need the hotline to call on. |
| 0:25.4 | And luckily, that bit's easy. |
| 0:27.6 | It is, all you have to do is call 013, 808,00035, that's 013, 808,0.35 or head over to Property Hub.net slash Ask. |
| 0:37.0 | Either of those methods will allow you to leave us a voicemail, re-record it if you |
| 0:40.9 | mess it up. We have that luxury, so it's only fair that you do as well and then send it over to us and we will get you an answer just like we're about to do for Danny. |
| 0:48.0 | Hi Robin Rob, it's Danny here. My question is with regards to the coronavirus, there's a lot of talks around in the media that it's going to be a recession, etc. with regards to it, and I was wondering what are your faults on it because I'm currently buying my first |
| 1:07.0 | by tolets in Liverpool and Manchester and one of the properties is by refurbation, refinance and rent and I wanted to know what do you think the effect of the coronavirus is going to be, is it going to affect my refinancing on the BRI project or not? |
| 1:26.0 | Great question Danny and actually lots of people have been asking just this very thing, |
| 1:30.3 | you know, are we going into a recession? |
| 1:32.1 | How will that impact us? well the thing you need to |
| 1:34.5 | understand is you're already operating in a recession it may not have officially |
| 1:39.1 | been noted that we're in a recession yet but it will be in the future it will be noted at the time |
| 1:45.2 | of this recording we were in a recession but actually you should be uplifted by |
| 1:49.7 | that because you're already operating in that environment. |
| 1:52.8 | We all are. |
... |
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