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The Property Podcast

Market update: 17 April 2020

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 17 April 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Rob & Rob are back again with another Friday market update for you.  This week Rob B is feeling a bit more positive than he has in past weeks. He may have seemed positive on the podcast when laying out what The Robs think might happen, but now we’re starting to see evidence.  One thing that’s been a positive this week is that it’s been a lot easier to get in touch with developers. Simply because they’ve now got more time on their hands.  Some may argue that it’s because they’re getting desperate and whilst some are desperate, there’s some good deals coming to light. Another positive is that it appears that finance is still available and mortgage products are coming back on the market. Hurrah! So although the property market is currently on hold, the fact that lenders are still willing to lend means it’s not a case of if the property market picks back up, it’s a matter of when.  The Robs are also discussing what they think is the best way for us to come out of this with a strong economy. Will you agree with them?  Enjoy - and we’ll be back next week!   We’d love to hear what you think of our new market updates over on Facebook, Twitter or Instagram. You might even have a question you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.   Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello everybody Rob B here with Rob D and this is your market update raw update from

0:06.6

Rob and I that comes out every Friday where we look at what's been happening in the

0:10.0

market externally and internally and if you the insights are

0:14.0

are insights at least anyway and hopefully they are useful but Rob we know how

0:18.2

this starts now we look out for each other we care and, and we ask, how are you feeling?

0:24.0

Well, this morning I'm feeling all right.

0:26.0

If you'd ask me last night, I was feeling less all right with the announcement that we'd be locked

0:31.3

down for at least another three weeks and I know from the gift

0:35.3

that you sent me last night that you were feeling the same way. So that wasn't great but now having slept

0:41.1

on it and with the sun shining feeling all right how about you yeah

0:44.3

almost the same last night not in a great place had a glass of red to ease the pain and

0:49.3

this morning somehow I don't know if it's the sun shining but actually it's probably

0:54.5

more to do with the fact that processed things and processed all the information I've

0:58.1

kind of collected over the last days and weeks and I'm actually feeling

1:01.8

really really positive and we can get into why.

1:04.7

Because it is a lot of things that have happened this week that have made me feel the most

1:09.2

confident that I have for weeks because of course I may have sounded confidence on the

1:14.3

podcast previously with the outlook for the future but I'm starting to see

1:18.8

evidence this week and laying out exactly, you know, okay, what we think might happen is starting to play out.

1:27.6

I think that's really interesting because something that I've spotted over, particularly the last week, lots of different data has come out,

1:36.7

lots of projections and different surveys and things like that,

1:40.7

with lots of very contradictory information. In particular there's been data around how many

...

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