TPP440: Real-life Monopoly: The lessons investors can learn
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 19 August 2021
⏱️ 18 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Hello everyone and welcome to the PropertyPodcast this week Rob and I are playing Monopoly. |
| 0:08.0 | So will we be talking by the end of the episode? |
| 0:10.4 | Let's find out. |
| 0:17.6 | Welcome to the PropertyPodcast where every Thursday morning property investors come to be informed |
| 0:21.3 | and inspired. |
| 0:22.8 | This is one of our more lighthearted episodes because we are talking about a game that's |
| 0:26.0 | fun or is meant to be fun or maybe starts out fun. |
| 0:29.0 | I don't know if I had some difficult experiences with Monopoly but there are some really important |
| 0:33.1 | lessons that you can take away from playing the game and importantly there are also some |
| 0:37.6 | things that Monopoly not only doesn't teach you but will give you completely the wrong |
| 0:41.8 | idea about when it comes to trying to apply this in the real world of property investing. |
| 0:46.0 | So we're going to run through all of that in today's episode and make sure you stick |
| 0:49.6 | around afterwards for hub extra where we've got a triple whammy of resources for you. |
| 0:54.9 | A new story this week is from city AM and the headline is Affordability in the UK housing |
| 1:00.0 | market plunges to a 10 year low and this is based on research from the Halifax that shows |
| 1:05.6 | that the average home in the UK now costs 8.1 times average earnings which it says is the |
| 1:11.4 | highest figure on record since they started tracking it 10 years ago. |
| 1:14.7 | Affordability is always an interesting topic and that obviously is a headline grabbing number |
| 1:20.0 | and it is on one level absolutely true because wages haven't really increased recently |
| 1:24.4 | and property prices very clearly as we've reported on many times in recent months certainly |
| 1:28.8 | have. |
| 1:29.8 | So when you divide one by the other then yes property has become less affordable. |
... |
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