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The Property Podcast

TPP541: The silent property crash

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 27 July 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

The media has got it all wrong. We’re not heading towards a property market crash - we’re already in the middle of one.  The silent property crash is here and we’re telling you all about it on today’s episode.  (1:06) News story of the week  (2:52) 20 million downloads  (5:20) Is the property crash here?  (10:12) Property is down 12.5%  (13:30) Prices are the same today as they were in 2003  (15:44) This is the best crash  (19:19) What’s going to happen next?  (24:07) Hub Extra  Links mentioned:  20 million downloads giveaway  Subscribe to the magazine  Quick reaction: Have mortgage rates peaked?  What’s next for UK property? (Our predictions)  The silent property crash of 2023  TPP540: We’re halfway through the year. Is it time to throw out our predictions?  BBC Sounds Google Play Store & App Store  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everyone, it's Robby here with RobD, and you are listening to the Property Podcast.

0:07.2

Now, it's been wildly reported that Property Prices are down 2% this year, but what if I

0:12.4

told you that Property Prices are not down 2%, but actually so far have crashed by 12.5%

0:22.5

and made double to 25% in the next 12 months.

0:28.5

Guys, no one's talking about this.

0:29.9

What does it mean for you?

0:31.2

And why this might be the best Property Crash you've ever experienced?

0:35.2

Well, let's find out.

0:43.0

Welcome to the Property Podcast.

0:44.6

Thank you for joining us.

0:45.6

We'll be taking time out of being in this business all day every day.

0:49.0

This is what we do, and in this podcast, we can bring some of what we learn to you

0:52.9

for free.

0:53.9

And as part of doing this all day every day, we think about Property a lot.

0:57.5

We look at a lot of Property data, and sometimes we hit on something that we can share with

1:01.3

you that is not being talked about anywhere else.

1:03.9

Today is one of those days, so do stick around.

1:06.3

Right, it's time for our new story of the week, and it's not breaking news because this

1:11.1

news has been out for a little while, but we've not had the chance to cover it yet, and

1:14.1

it's important, and it's that inflation has fallen, but fallen more than expected.

1:21.5

So we've had inflation fall before, but not as much as expected, and now inflation has

1:26.5

fallen again, but more than expected, Rob.

...

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