TPP535: The “Monopoly” strategy: Update on Rob B’s portfolio
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 15 June 2023
⏱️ 25 minutes
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| 0:00.0 | Hey everyone, Robby here with RobD, and this week on the Property Podcast, we're |
| 0:06.6 | playing Monopoly, but don't worry, it's not a list on a long Monopoly game, it's actually |
| 0:10.4 | a strategy that some of you could start using today. |
| 0:20.1 | Welcome to the Property Podcast, where every Thursday morning we take time out from |
| 0:23.2 | advising a multi-million pound property fund and putting together hundreds of deals for |
| 0:26.7 | our clients to bring you a little bit about what we've learned along the way for free. |
| 0:31.2 | And this is such a great example. |
| 0:32.4 | One of the first ever episodes of the Property Podcast was called Never Sell a Property. |
| 0:36.8 | Well, ten years on, our strategies have changed and our views have matured. |
| 0:41.1 | So in this episode, you'll get to learn what Robby's strategy is right now. |
| 0:45.0 | It's time for our news story of the week now, and Scottish listeners, or Scottish investors |
| 0:51.6 | I should say, please pay attention because we have some news, and unfortunately the |
| 0:58.0 | headlines suggest it's not good news because the headlines says rent cap goes on for another |
| 1:02.5 | six months in Scotland, despite industry opposition. |
| 1:06.5 | Rob, the headlines suggest it's not good news, is there a way you could spend it to make |
| 1:11.0 | it good? |
| 1:12.0 | Not really, I believe it was Milton Friedman who said there is nothing so permanent as |
| 1:15.8 | a temporary government program, although I know it has kind of looked it up, but this |
| 1:19.6 | is just an absolute classic example of that. |
| 1:22.1 | This kind of six month, or when you have a rent cap because it's winter coming up and |
| 1:25.9 | blah, blah, blah, 18 months later, still going strong. |
| 1:29.9 | So initially, it was a rent free, you couldn't put rents up at all. |
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