TPP358: Smash the new decade and change your life (Warning: Contains ranting and swearing!)
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 23 January 2020
⏱️ 27 minutes
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| 0:00.0 | Hello and welcome to the Property Podcast a warning in this week's episode we get passionate |
| 0:08.8 | we even swear but this episode and I don't say this lightly has the potential to change your life |
| 0:22.4 | Welcome to the Property podcast where every Thursday property investors come to be informed and inspired. |
| 0:27.5 | It's a start of a new decade with all the potential that brings. |
| 0:30.5 | It's a blank sheet of paper. What are you going to do with it? How are you going to make sure you put the next 10 years to good use? Well, that's a big question, but that's one that we're going to attempt to answer for you in this episode. And if you stick around to the end for Hub Extra, we're sharing a book which is a strong contender for my book of the year already. |
| 0:47.0 | Rob, I'm loving the headline of this week's news story. |
| 0:51.0 | Good times ahead it seems because the headline reads |
| 0:53.5 | UK Property largest monthly increase in asking prices ever recorded after election |
| 0:59.5 | 2019. |
| 1:00.5 | Wilesus here we go. Yes indeed, this is according to data from Right Move, who say |
| 1:06.6 | that asking prices have risen by 2.3%, equivalent to an average increase of 6,785 pounds, that's the largest monthly movement ever. |
| 1:17.0 | Now of course these are just asking prices. |
| 1:20.0 | These aren't sold prices, so that doesn't mean that house prices are suddenly going to jump 2%. |
| 1:25.0 | It might just mean that sellers are getting a bit over-optimistic. |
| 1:28.0 | But it's that optimism point that I think is interesting, |
| 1:31.0 | because when you get data about what properties have actually sold for, |
| 1:34.4 | there's normally a bit of a lag, but when you're looking at asking prices, it's a little bit forward-looking |
| 1:39.9 | or at least it's telling you how people are feeling in the market now. |
| 1:44.0 | And after such a long time of people waiting and seeing, not making any moves, |
| 1:48.8 | being nervous about what's going on politically, |
| 1:51.4 | it does feel a little bit like there's a lot of pent up pressure and it's like a |
| 1:54.5 | cork flying out of the bottle. Now we've got, relatively speaking, more certainty. |
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