Hello everyone and welcome to the property podcast it's episode 201 and Rob B with Rob D and this week we give away our secrets and we're going to tell you exactly where to invest in 2017.

Yes we are.

Which street?

Which number on that street?

All that detail in this episode. Not really, we're just going to give you some broader areas than that.

But it's a question that comes up absolutely all the time.

Everyone seems to want to know where to invest, especially people who have been priced out of the southeast.

They know that they need to go out of the southeast. I don't think I'm going to shock anyone when I say that all of the areas we mentioned are going to be outside the southeast.

So they know that they need to go somewhere else, but where? Well,

that is what we're going to be shedding some light on in this episode. We've got five areas for you,

and we've got some wild cards as well. We have indeed, but before we we get there the regulars know what's next

it's our new story of the week Rob it is and this is one that I've dug out of

city a.m. and the headline isents are hitting an affordability ceiling.

I chose this news story because it backs up something that I wrote about recently and you know

how much we like being proven right.

The story here is that R rents last year 2016 increased by 1.7% over the year which is down from 3.8% the previous year and the idea is that the rents are hitting a point where they can't get any higher

because people can't afford them. And the reason that I think this is important and

obviously this is massively regionally driven it doesn't get down into the regional breakdown, but you will find that this is a big issue in London and not so much of an issue in many other places. So as an investor, it doesn't concern me, but I think it is something to be mindful of because every time anything happens it's always like, oh, well, it's just going to push up rents.

And it's like, well, my thing's always been been you can't keep on pushing up rents they

can't just go up forever because they are tied to incomes and there hasn't been any

meaningful wage inflation for a decade therefore if rents keep going up faster than wages, you eventually

hit a point where everyone is paying as much as they can physically pay in rent, they cannot

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