TPP363: Rob & Rob fix the property market (updated)
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 27 February 2020
⏱️ 31 minutes
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| 0:00.0 | Hi everyone it's Rob B here with Rob D and you are listening to the |
| 0:05.8 | property podcast now I think Rob and I are getting a little ambitious because this |
| 0:10.3 | week on the podcast we try and fix the whole of property. |
| 0:13.6 | Welcome to the property podcast where every Thursday morning property investors come to be informed and inspired. |
| 0:25.6 | There's so much in our discussion this week. |
| 0:27.5 | We're talking about planning, we're talking about rent controls, we talk about economic cycles. |
| 0:30.8 | There's a lot going on. |
| 0:31.6 | So if your mind is spinning by the end of this episode |
| 0:34.0 | don't worry stick around for hub extra because we've got a great tool to help you unwind. |
| 0:38.2 | So a couple of weeks ago we did the podcast How to Invest over the next seven years and we were pretty |
| 0:44.4 | positive about the property market and we felt based on the property cycle that from |
| 0:48.9 | this point on things will improve and optimism will increase well very conveniently Rob we've got two news stories |
| 0:54.7 | that seems to back up that theory. Yes there are lots of different indicators all |
| 0:58.8 | converging on the same thing which is always encouraging so it's not just one number that there might be a problem |
| 1:03.7 | with that's leading you to a false conclusion. Seeing it in lots of different places, so there's a story |
| 1:08.1 | about property development confidence and so there's a 17% increase in new buyer inquiries for land, which shows that |
| 1:15.5 | developers are keen on building again. And because a development can take a couple of |
| 1:20.3 | years that shows that they seem to think that the next couple of years |
| 1:23.4 | are going to pan out okay and there's more certainty around what market |
| 1:26.4 | conditions will be in a couple of years time than there was previously. |
| 1:29.1 | There's also another story with data from an online valuation service saying that the number of potential sellers |
| 1:34.7 | requesting valuations from estate agents more than doubled between December and January. |
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