TPP381: Serviced Accommodation and COVID-19
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 2 July 2020
⏱️ 33 minutes
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| 0:00.0 | Hey everyone, Robby here with Rob D and you are listening to the Property Podcast. |
| 0:06.6 | Now, Serviced Accommodation, it's been the hot strategy in Property Circles over the last couple of years. |
| 0:11.8 | Lots of people interested in it and even some |
| 0:14.5 | traditional Biter landlords have been pivoting over there because it does come |
| 0:18.9 | with some potential rewards. But service accommodation during the COVID crisis, surely it's been a disaster. How are |
| 0:27.0 | investors with that strategy surviving? Well, this week we've got a serviced accommodation |
| 0:31.7 | expert on the podcast with us who will be revealing all. |
| 0:37.0 | Welcome to the Property Podcast where every Thursday morning investors come to be informed and inspired. |
| 0:46.6 | This week we've got a very special guest on the podcast and he's going to be telling us what |
| 0:49.9 | the last few months have been like for him operating in probably the hardest hit of all property |
| 0:54.9 | sectors that's serviced accommodation. |
| 0:57.3 | So stay tuned for that one and stick around to the end for Hub Extra where we've got a resource to help you develop |
| 1:01.3 | your skills beyond property. |
| 1:03.0 | So for our new story this week, we're using Home Track, a report that we reference quite regularly, |
| 1:08.1 | because it comes out quite regularly every month. |
| 1:10.5 | But the reason we're so fascinated with it, it is not just that it gives you loads of |
| 1:14.3 | information and it's quite an interesting report in general, but it also breaks it |
| 1:18.5 | down city by city and we know so many of you listeners love to find out which cities are really performing well, |
| 1:25.7 | which cities are not doing so well, and are Rob and Rob right with their predictions or are they looking |
| 1:31.6 | silly? Well at the moment, nothing leads the way with with their 0.9% growth year on year, which when you consider everything that's happened over the last year, is pretty good. |
| 1:46.0 | But Rob, what's really interesting is the data from the last month or two, because that's when things have been |
| 1:52.0 | slightly even more challenging than normal, you you could say for the property market. |
... |
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