TPP372: This is how investors are reacting to the Coronavirus (plus rental market update)

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.8 • 2K Ratings

🗓️ 30 April 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on The Property Podcast, The Robs are joined by our magazine editor Chantelle to discuss how investors are reacting to the Coronavirus. For the past few weeks Rob & Rob have been giving tips on how investors should be reacting, but they haven’t spoken to any to find out what they’ve actually been doing. Luckily for us, Chantelle has spoken to a number of investors for our cover story of the Property Hub magazine. So, what did Chantelle find out from investors? Tune in to find out! And, if you’re not subscribed to the magazine yet, you can join today right here. When you do, you will have access to the whole back catalogue of magazines so there’s plenty for you to sink your teeth into. This week in the news, Rob & Rob are discussing a rental report that has come out from Zoopla that shows from the 7th March to the end of March, rental demand fell by 57% which probably doesn’t come as a massive shock. But in the first two weeks of April however, demand rose by 30%. So although it’s still down from what it was originally, it is slowly starting to pick back up. The report also shows that there hasn’t been a fall in the number of properties on the rental market and has even been an increase in supply. 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

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0:00.0	Over the last few weeks Rob and I have been talking about how property investors should be acting right now.
0:09.0	But we don't know. We speak to a few people, we get at emails, but we haven't interviewed investors
0:17.3	But luckily
0:18.9	Shantel our magazine editor has in this week's episode we're going to find out what is actually
0:25.5	happening with property investors.
0:27.0	Welcome to the Property Podcast where every Thursday morning property investors come to be
0:37.0	informed and inspired. It's going to be great to talk to Chantel in this episode
0:41.2	really looking forward to the conversation because we know what we're
0:43.8	doing in these unprecedented times you know what you're doing but is it normal what
0:48.7	should we be doing what's everyone else up to well we're going to find out in
0:51.8	today's episode so Rob this week we've been
0:54.7	reading a report, a rental report on what's going on in the market right now and it's
0:59.4	pretty comprehensive and you said before we started recording today that there's been loads of focus on property prices,
1:06.0	but not many people are talking about the rental market. And that's true. So it's great to see a report like this come out to help us understand what's actually happening out there.
1:14.0	Yeah, it's interesting to look at what has happened over the last month, six weeks or so.
1:19.0	It's also interesting to speculate about what might happen next when we finally get to the point that lockdown
1:25.2	restrictions are eased. If you go and look at this data that's been put together by Zoopla,
1:30.3	it shows that from March the 7th, which is when things really started to get serious up to the end of March,
1:36.0	rental demand fell by 57%, which obviously is massive and is understandable.
1:42.0	Didn't fall by as much as sales demand, which again is understandable
1:45.6	because selling and buying is a far bigger commitment. Since then in the first two weeks of April,
1:51.5	which is the period that they had the data for here
	...

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