ASK406: Is capital growth better in London? PLUS: Does my plan avoid Capital Gains Tax?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 14 November 2023
⏱️ 6 minutes
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| 0:00.0 | Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob. |
| 0:07.0 | Welcome to Ask Rob and Rob. Thank you for joining us for two more listener questions and two more answer. |
| 0:13.0 | Those questions coming up in just a sec, |
| 0:15.0 | but it's so easy Rob to send your question our way. |
| 0:18.0 | The easiest way to do it is go to Property Hub. |
| 0:21.0 | Net. forward slash Ask, where you will find our telephone number that you can leave a message on, or you can leave a message |
| 0:26.4 | directly on that page. |
| 0:28.3 | And you can get a link to where you could submit your question for the Sunday Times because Robin I answer your questions each |
| 0:35.2 | and every week in the home section of the Sunday Times. So make sure you check us out there. |
| 0:40.8 | First up we've got a question in from Stella. |
| 0:43.4 | Hi Robin Rob, Stella here. |
| 0:45.9 | Thank you so much for all these years of the podcast. |
| 0:48.8 | I've been following you since 2016. Great content. Thank you. So you tend to put an emphasis on the |
| 0:56.2 | North and investing in the North in your podcasts. So I was interested to see in one of |
| 1:02.0 | your recent podcasts, he is now the time to invest in London |
| 1:06.4 | that through the charts that you've shared London actually performed far better |
| 1:12.1 | over the last 10 years for capital growth compared to the rest of the UK. |
| 1:16.0 | So would it be fair to say that as an investor if you're looking for capital growth long term, that London would actually |
| 1:26.7 | be your best bet. So yes, it's less affordable. Yes, the yields are lower, so you can't generate a monthly income like you would somewhere else in the UK. |
| 1:38.0 | But for long-term wealth, would I not have been better off investing in London 10 years ago compared to somewhere else in the UK? |
| 1:47.0 | Thank you. |
| 1:48.0 | London is a great place to invest Stella and I completely agree over the long term you will do very well. |
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