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The Property Podcast

TPP326: Are rental prices out of control?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 13 June 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

This week on The Property Podcast, The Robs are talking economics and looking at data to see whether rental prices really are out of control. It’s certainly an episode worth listening to because we’ve got something exciting coming up... Yes, we’re going to be those people who tease you about something coming up next week and make you wait a whole 7 days to see what it is - sorry! What we can tell you though is that it’s very exciting and it’s exclusively for you - our podcast listeners. So whether you listen to The Property Podcast regularly or you’re only a few episodes in. Make sure you tune in next week when we reveal all! In recent headlines, it’s been said that renting is unaffordable, and action is needed. Maybe even rent controls. But is this true? Zoopla has recently brought out a really interesting report. They’ve taken their own rental data, compared it with average wages and looked at the period between 2007 and 2018 to see how affordability and rent levels have changed over that period. The conclusions are actually quite surprising, so The Robs dig right in on today’s episode. The three main topics Rob & Rob discuss today are: The raw rentals Rents compared to earnings Regional breakdown So tune into this week’s episode as Rob & Rob see whether renting really is unaffordable. Give the Zoopla report a read and let us know what you think. And in this week’s Hub Extra, Rob D is recommending something he uses regularly. It’s a meditation app called Waking Up, developed by a guy named Sam Harris. Sam is a neuroscientist, philosopher, author, podcaster and an all-around interesting guy. This app is a series of guided meditation and lessons - which isn’t dissimilar to other apps, but for Rob D, it’s Sam’s approach that has been the gamechanger. So if you’ve been struggling to make meditation stick or can’t seem to get into it, give this one a try and see if it helps. And in the news this week, The Robs are loving the headlines from The Daily Express. The one which caught their attention is ‘Corbyn’s garden tax: ‘DISASTROUS’ for property market and will hit families and pensioners’. Rob D voices a bit of an unpopular opinion on this. But both of The Robs don’t think it’s half as bad as the media are making out. Essentially it’s just a rebranding of council tax. In fact it might make things fairer! However it was also announced that Labour are proposing that landlords pay tenants’ council tax bills. Needless to say, this sparked a bit of a heated debate, especially over on our Instagram. 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. Make sure you’ve liked and subscribed to our brand new YouTube channel where we upload new content every week! 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

Click on a timestamp to play from that location

0:00.0

Hi Rob B here with Rob D and you are listening to the Property Podcast.

0:06.7

Our rental prices out of control.

0:08.8

Headlines are telling us a lot, but should we listen?

0:11.6

And make sure you are listening because we've got something very exciting for you

0:15.5

But it's exclusively for podcast listeners Welcome to the property podcast where every Thursday morning property investors come together to be informed and inspired.

0:31.0

Today we're getting a little bit geeky, we're getting into some economics, we're getting into some data, but it's going to help you cut through a lot of the nonsense that you'll see around you.

0:39.0

And if you need something to help you calm down after all that, stick around to the end for Hub Extra where we got an

0:43.9

app that will help you do exactly that. So Rob we're loving new stories it seems from

0:48.8

the Daily Express because we've got another one and another nice calm headline

0:53.7

koburn's garden tax disastrous for property market

0:57.0

and will hit families and pensioners

0:59.4

seems a bit unfair

1:01.9

what's happening?

1:02.8

Rob, can I voice an unpopular opinion at this point?

1:05.5

Are we in a safe place?

1:06.5

Please do.

1:07.5

It's all podcast, Rob.

1:08.5

Well, I feel sorry for politicians.

1:10.8

I know, that's an outrageous outrageous statement but I do feel sorry for them because whenever

1:16.7

anyone tries to do anything whether you agree with it or not it just gets branded by the other

1:21.7

side in some really horrendous sounding way and so suddenly

1:25.7

you can't talk about the merits of the idea anymore and it just sounds automatically

...

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