TPP306: Roundtable Predictions
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 24 January 2019
⏱️ 27 minutes
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Summary
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| 0:00.0 | Hello welcome to the property podcast I am Rob B I am with Rob D but this week we are not alone |
| 0:08.1 | but this week we've been joined by some experts because for over 300 episodes you've heard Rob and I talk about our views on the property market and our predictions of the future. |
| 0:18.0 | So to add some balance finally we invited a few property jogging notes to join us on this week's show. |
| 0:24.0 | Yes, welcome to the Property Podcast, where every Thursday morning property investors come together to be informed and inspired. |
| 0:36.0 | This week you'll be informed not just by us, but some of the UK's leading property experts. |
| 0:41.0 | What the group we've assembled for you and we'll be letting you |
| 0:43.0 | listening on our conversation a little bit later on. Now the headline Rob of |
| 0:47.4 | our new story is London Property House Sales Slump in Capital's Sick Market. |
| 0:54.0 | Now, this really follows on |
| 0:56.2 | from what we were talking about last week. |
| 0:58.4 | Last week we were talking about areas that are far from Sick |
| 1:00.6 | but are actually buoyant. |
| 1:01.6 | They're gonna do great things this year. |
| 1:03.2 | But we did touch on that London's kind of struggle. |
| 1:05.9 | But I wanted to go into that little bit more detail and this new story certainly allows us to do so. |
| 1:10.1 | What this new story covers is that there were fewer sales in 28 of the capital's 33 boroughs. |
| 1:15.9 | And this is activity levels measured by the land registry, and the data shows that between |
| 1:20.9 | January and August last year transaction levels have hit brand new lows. |
| 1:26.7 | And that's to August. |
| 1:28.4 | I think it's been worse Rob since August. |
| 1:31.6 | And I tweeted back in November that I think it was going to break records in November |
| 1:36.0 | and now we're in January I actually feel worse and the prediction we made only a couple of weeks ago |
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