TPP342: What will happen if the market crashes?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 24 June 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is the property market about to crash? When the market starts to get heated, people get excited. There are those who take action and make money, but others get really nervous. What happens when we reach the top of the market? Is it a good time to buy? In this episode Rob & Rob are going to cover just that! And they’re sharing some interesting examples of what the numbers look like when you invest at the top of the market. So, is it wise to invest at the peak? Tune in to find out. In the news This week’s news story is from The Guardian and the headline reads ‘HSBC offers sub-1% mortgage as interest rate war intensifies’. So, if you’ve got a 40% deposit, are a residential buyer and got a good credit history and you want a two-year fixed with HSBC, then you’re in luck because you can now get a mortgage for under 1%. The last time they offered a rate this low was five years ago, and HSBC aren’t the only ones. It seems a number of lenders are battling it out for the lowest interest rates. So, it’s certainly the time to be re-mortgaging or moving house right now. Hub Extra This week’s Hub Extra comes from Rob D and whilst it won’t help you decide when to buy your next property, it is a great piece of entertainment. It’s a TV show called ‘Ted Lasso’ on Apple TV and it’s a comedy about an American football coach who gets hired to manage a British premier league team even though he has no experience what-so-ever. It’s quite a daft programme, but Rob D thinks it’s really funny and worth the watch if you need an unwind over the weekend. Let’s get social 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 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	Hey everyone, Robby here with RobD and you are listening to the Property Podcast.
0:07.0	Now, when the market is starting to get heated, people get excited and people can make a lot
0:13.3	of money, but some people get really nervous as well.
0:16.2	What happens if we're at the top of the market and if we are, should I buy?
0:20.5	Well, in this episode we're going to give you lots of information to work with, but
0:24.1	wait to the end because the numbers around investing at the top of the market are really
0:28.8	interesting.
0:35.8	Welcome to the Property Podcast where every Thursday morning, property investors come
0:39.3	to be informed and inspired.
0:41.3	Yes, this week, buying at the top of the market is every investor's greatest fear, but
0:45.4	what does the reality actually look like?
0:47.9	Well, we're going to be looking at the data, including from our own portfolios, to help
0:51.3	you out.
0:52.3	And make sure you stick around to the end for hub extra, because if it's all getting
0:55.0	a bit too much for you, we've got a fantastic resource to help you relax and forget all
0:58.7	about it.
1:00.5	So our new story of the week comes from the Guardian and this is a news headline that I like
1:06.6	the look of Rob.
1:07.6	HSBC offers sub 1% mortgage as interest rate war intensifies.
1:14.5	Simon, you're up, Rob.
1:16.2	Sounds great.
1:17.2	Yeah.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Rob Bence & Rob Dix, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Bence & Rob Dix and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.