TPP201 Where to invest in 2017

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 19 January 2017

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's the 201st episode of The Property Podcast and this week we're focussing on where to invest in the UK this year. Some of them you may be expecting from us, but there's a couple of wildcards thrown in for good measure. Listen to find out more. Property Geek A quick plug for Rod D's Property Geek Podcast - the latest episode talks about new mortgage rules which haven’t had much coverage elsewhere. Take a listen to get up to date. Rents are hitting an 'affordability ceiling' Rob D chose this news story because it proved him right (again). The idea is that rents are getting so high in some areas that if they go up any further, tenants wont afford them, which will only produce more void periods in the end. Rents can't just rise forever as salaries are not rising at the same rate. This is obviously more of an issue in places such as London where tenants are reportedly paying up to 75% of their disposable income on rent. Check out the article here. Resource of the week Tinder for business (apparently). Shapr.co will give you the ability to swipe left or right and make interesting business contacts. Check it out. Join the conversation What do you think to our predictions? Do you want to make any of your own? Head to the forum to have your say. If you enjoyed The Property Podcast, please leave a review on iTunes Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	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.
0:13.0	Yes we are.
0:18.0	Which street?
0:20.0	Which number on that street?
0:22.0	All that detail in this episode. Not really, we're just going to give you some broader areas than that.
0:26.3	But it's a question that comes up absolutely all the time.
0:29.8	Everyone seems to want to know where to invest, especially people who have been priced out of the southeast.
0:35.0	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.
0:41.0	So they know that they need to go somewhere else, but where? Well,
0:44.5	that is what we're going to be shedding some light on in this episode. We've got five areas for you,
0:48.7	and we've got some wild cards as well. We have indeed, but before we we get there the regulars know what's next
0:55.0	it's our new story of the week Rob it is and this is one that I've dug out of
0:58.6	city a.m. and the headline isents are hitting an affordability ceiling.
1:04.0	I chose this news story because it backs up something that I wrote about recently and you know
1:07.9	how much we like being proven right.
1:09.7	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
1:25.8	because people can't afford them. And the reason that I think this is important and
1:29.8	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.
1:51.0	And it's like, well, my thing's always been been you can't keep on pushing up rents they
1:55.1	can't just go up forever because they are tied to incomes and there hasn't been any
1:59.2	meaningful wage inflation for a decade therefore if rents keep going up faster than wages, you eventually
2:05.1	hit a point where everyone is paying as much as they can physically pay in rent, they cannot
	...

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