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The Property Podcast

TPP310: The real reasons why property goes up in value

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 21 February 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

This week The Robs are continuing with ‘Fundamentals February’. They’ve already covered leverage and inflation, but today they’re discussing the real reasonswhy property goes up in value. It’s a topic that many people brush over because they think it ‘just happens’. But this is where the majority get it wrong. In this week’s Property Podcast, Rob & Rob will help you understand house price increases and explain how you can use it to your advantage. The 18-year property cycle is also a large aspect in this week’s episode. So why not put your knowledge to the test and take part in ourfree property cycle course? The Robs also announce some very exciting news. Yes - Property Hub Meetups are back! To find out where your nearest one is, head over to our events page. In the news this week, Your Move announced that they will be closing 124 Reeds Rains branchesin order to boost profits. Rob B has said it for years, but could this really be the start of the death of the high street agent?   We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.   See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hello, welcome. It's the Property Podcast. I'm Rob B with Rob D and it's episode

0:07.0

310. The Fundamentals Roadshow carries on and this week we're looking at the

0:12.0

real reasons why Property goes up in value.

0:15.0

Now, understanding is pretty cool, but what's even better is using it to your advantage. Yes, thank you for joining us again for the Property Podcast, where every Thursday morning

0:31.7

property investors come together to be informed and inspired. Property for the long term and if that weren't enough stick around to the end for hub extra

0:44.4

where we've got a book that's going to change your mindset about what is possible

0:48.0

so quite a shocking headline this week Rob the headline reads and this is from Sky News

0:53.9

is your move owner to close 124 High Street branches to boost profits and your

1:01.4

move have a number of different brands under their belts but it's actually

1:05.3

Reed Reigns.

1:06.3

They're Reed Reigns chains many people would be familiar with.

1:09.6

They're shutting down a hundred and twenty four branches which is huge overall the amount of branches is going

1:15.9

down from 404 to 280 that's quite staggering that's not like let's do this

1:21.6

slowly they made a big cut there but the thing that really

1:24.8

stuck out for me Rob the new strategy is aimed to ensure profits of at least 80,000

1:30.3

pounds per branch that sounds like they're being aspirational. Like if $80,000 per branch is an aspirational

1:37.4

target, then I think the death of the High Street agent is going to be sooner than we possibly thought.

1:43.6

Yeah and credit to you Rob this is something that you've been predicting for a long time

1:47.2

saying that the High Street agency is going to be a thing of the past and it's not a thing of the past

1:51.2

yet of course this is only one chain cutting its numbers but it's a big chain it's not a thing of the past yet. Of course this is only one chain cutting its numbers, but it's a big cut.

1:55.8

And this could well be the first of more to come. I'm sure all their competitors will be keeping an eye on this to see how it goes.

2:01.9

But it does feel somewhat inevitable and there are so

...

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