TPP304: 2019 predictions
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 10 January 2019
⏱️ 20 minutes
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| 0:00.0 | Hello and welcome to the Property Podcast it's episode 304 and this week we are |
| 0:07.5 | making our 2019 predictions. Uh-oh we'll be giving you our best cities to invest in, we'll talk London, and we'll even |
| 0:16.2 | make a prediction on Brexit. Yes, welcome to the property podcast where every Thursday morning property investors come together to be informed and inspired. |
| 0:30.0 | Last week we look back at how our predictions fared for last year and you know what it wasn't too bad so we're going to do it all again today |
| 0:36.7 | We're also going to be looking at the predictions from a series of industry experts and stick around to the end for Hub Extra where we've got a |
| 0:43.8 | really great free tool that's going to help you make better use of your time |
| 0:46.9 | online this year. So before we get into our predictions we thought we'd share out the pain because we're not the only ones |
| 0:55.4 | who've been bold enough to make predictions on the UK property market for 2019. |
| 0:59.5 | There are plenty others that have had a bash as well and luckily the BBC's put a lovely |
| 1:03.7 | article together rounded some of them up. Yeah very kind of them so let's have a |
| 1:07.5 | look at the kind of range that we've got so the most negative prediction that we |
| 1:11.9 | have is from Henry Pryor, housing market |
| 1:14.2 | commentator, who predicts a 5% fall. |
| 1:17.5 | You've got Miles shipside from Right Move predicting no change, so price is going to be completely |
| 1:21.9 | flat. That's the same prediction that Ricks have made. |
| 1:24.8 | Then you've got some commentators predicting a small rise 1% or 2% is quite common. |
| 1:30.4 | Then the most bullish predictions are from mortgage lender Halifax who are going for a 2 to 4 percent rise and Home Track who have reported a 3 percent rise. |
| 1:40.0 | So the range is anything from minus five to plus four. |
| 1:43.7 | But I think what's interesting, Rob, |
| 1:45.0 | is why those particular people have made the predictions |
| 1:49.0 | that they have, because it doesn't seem to be random. |
| 1:51.0 | It seems to be caused by the area of the market |
... |
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