TPP325: 6 lessons from a hard mofo: David Goggins
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 6 June 2019
⏱️ 25 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | Buckle up everyone strap yourselves in this week's podcast is not our usual type of content |
| 0:08.0 | Rob and I are going to be talking some hard truths but if you implement what we're going to talk about today |
| 0:12.2 | it could be a game changer. |
| 0:14.0 | Welcome to the Property Podcast where every Thursday morning property investors come to be informed and inspired and |
| 0:25.8 | occasionally belittled systematically broken down and then rebuilt to be stronger than ever. |
| 0:31.1 | This week we are passing on six lessons from one of the most impressive |
| 0:35.4 | and possibly insane individuals we've come across in recent times and stick around to the end |
| 0:40.3 | because in Hub Extra we're sharing the YouTube video that we wish we'd made. |
| 0:45.3 | So in this week's news story we've got a story from one of the most balanced newspapers |
| 0:49.1 | out there at the Daily Express and the headline reads, House Prices, UK area with the best recovery from financial |
| 0:55.1 | crash revealed. Is this your town? No cancer cures in this headline, Rob, or impending |
| 1:01.1 | Armageddon, it's actually something about property, which is nice. |
| 1:04.0 | It is, and to answer the question, is it your area? |
| 1:07.0 | No, it almost certainly isn't, because the best recovery over the last 10 years, so they're taken from 2009, |
| 1:12.4 | 2019, is the city of London |
| 1:14.6 | where prices are up 143% even though London in particular the prime London is |
| 1:20.0 | not doing particularly well at the moment that's probably because it's had a heck of a |
| 1:23.6 | run-up and now it's just going back to normal a little bit. What I think is really notable |
| 1:27.9 | about this article though is that it lists the areas that are yet to recover. So 10 years on they're still below the levels that they |
| 1:35.1 | were after the last crash. A lot of the areas are in Northern Ireland, Aberdeen's in there, we've spoken |
| 1:42.0 | before about how that's a very particular type of market, but you've also got locations like Hartlepool, Middlesborough, Blackpool, and not picking on any of those areas at all. But what I think that illustrates is that those are |
| 1:54.7 | all high yielding areas. So probably if you were drawing up a table of where you could |
... |
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