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The Property Podcast

TPP417: March Market Update (Budget special)

The Property Podcast

Rob Bence & Rob Dix

Business, Education, News, Business News, Investing

4.82K Ratings

🗓️ 11 March 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Here’s what the March Market Update has in store for you This month’s March Market Update episode is dedicated to last week’s budget announcement. A lot of you were expecting this episode last week, but we needed time to get all our ducks in a row before we shared what it means for you as an investor.  Here’s what to expect on this week’s property podcast episode Brace yourselves, this may be the most impactful budget on the property market we’ve EVER discussed.  Rob & Rob are looking at the big news that was (and wasn’t) included in the budget.  Here’s just a small snippet of what’s to come in this jam-packed episode:  Taxes Extension of furlough  Universal credit increase extended  The recovery loan scheme Additional support  Free ports It’s the episode you’ve all been waiting for, so go give it a listen.   In the news Even though the budget has taken center stage this month, there have been a few non-budget related news stories.  One being an article in Mortgage Strategy sharing a report from Nationwide, who’ve said ‘prices rebound with 6.9% growth’. At first we thought this could be an anomaly, but now it seems like it’s part of the property cycle.  And if you missed our latest episode on where we’re at in the 18-year property cycle, you can catch that here.    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

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0:00.0

Hello everyone, this is the Property Podcast and it's a market update budget special.

0:07.6

There's so much to discuss in this episode and this may be the most impactful budget

0:12.5

on the property market we've ever discussed.

0:21.2

Welcome to the Property Podcast where every Thursday morning property investors come to

0:24.8

be informed and inspired.

0:26.8

Yes, this week on the market update we are focusing on the budget.

0:29.9

There is big news about what's in there, there's big news about what wasn't in there

0:34.6

and all in all it leads us to make some very big claims towards the end.

0:39.1

So don't go anywhere.

0:40.8

So this week it is our monthly market update.

0:43.4

Normally we do this at the very start of the month.

0:45.5

We slipped it back a week because of the budget which we had last week

0:50.3

and we wanted to make sure we didn't leave you hanging for the best part of a month

0:53.1

to hear about all the good stuff that was inevitably going to be in there.

0:56.5

So we have a couple of other news stories as well to get through that have

0:59.4

cropped up in the last month but we're going to be focusing largely on the budget because there's

1:03.7

a good amount in there.

1:05.4

So before we get to the specifics of the policies that were in the budget,

1:09.6

what were your general impressions of it?

1:11.4

Oh put me on the spot straight away, no warm up Rob.

1:14.1

Okay, what impressions.

1:16.3

At first I was initially excited or pleased and then after reading through the detail

...

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