TPP309: Inflation: The hidden force that will build – or destroy – your wealth
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 14 February 2019
⏱️ 27 minutes
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Summary
Transcript
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| 0:00.0 | Hello, welcome to the Property Podcast, of course I'm Rob B and still with the lovely Rob D and |
| 0:08.1 | this week we've got a cracking episode for you. Now the title inflation youflation, you may think, oh dull, but by the end of this |
| 0:15.0 | episode our mission is to make you so excited about inflation that you actually believe |
| 0:20.5 | it's one of the most important parts of property investment and actually it is. |
| 0:25.6 | Yes welcome to the Property Podcast where every Thursday morning property investors come together to be informed and inspired. |
| 0:39.0 | This is such an important episode. Whether you are new or experienced in property, this is a must listen. |
| 0:45.9 | And as if that weren't enough in itself, we've got three news stories for you and in Hub Extra a resource |
| 0:51.5 | that's going to help you have a better time across the entire internet. |
| 0:55.0 | So Rob we've clearly got good energy this morning because we're not doing one new story, we're not doing two, |
| 1:00.0 | no we've got a triple whammy. Three you stories in one week. Why? |
| 1:05.0 | Well, we have to because the government has been an absolute tear of announcing things. |
| 1:09.0 | You will be stunned to learn that there's not a huge amount of detail around these announcements |
| 1:13.2 | but it doesn't matter because they get to announce stuff which they love to do and it |
| 1:16.4 | gives us something to talk about so we're not complaining either. So there are two |
| 1:19.9 | big things that were announced last week. The first of those was that they have committed to |
| 1:24.0 | introducing mandatory five yearly electrical safety checks. If this sounds a bit familiar, that's because |
| 1:29.8 | this has been talked about as a possibility for years, for as long as I can remember in fact. |
| 1:35.1 | Gas safety has always been mandatory. |
| 1:37.2 | Electrical safety checks a good idea, of course. |
| 1:39.4 | Many landlords do them anyway, but it's never been mandatory. So it kind of makes sense to |
| 1:43.7 | bring it in. They're now saying they definitely will, but there is still no |
| 1:47.6 | time frame on it. So it's going to happen we just don't know when. So given |
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