Will House Prices Rise or Fall in 2022?
The Progressive Property Podcast · Kevin McDonnell
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Show Notes
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Join Kevin in this insightful episode. He discusses his thoughts on what will happen to the UK property market in 2022 and looks back at what happened in 2021 to help answer this hotly debated question.
KEY TAKEAWAYS
- House prices in 2021 rose significantly, this was pure growth. The stamp duty holiday, high inflation and the drive towards assets caused this.
- A crash will be coming, it might not be in 2022 but it’s possible, however Kevin believes it is more likely to occur in 2023 to 2025.
- Inflation will decrease in 2022 but it will still remain high.
BEST MOMENTS
“There is not set amount of years on a cycle, it’s not that simple. However what goes up must flatten out, must fall”
“Will we see growth like 2021? I don’t think so”
"BYOB should mean 'Be Your Own Bank'. If you want to become successful you've got to take control of your financial future"
VALUABLE RESOURCES
- Progressive Property
- PS13/3 Restrictions on the retail distribution of unregulated collective investment schemes (PDF)
- Wealth Dynamics Test
ABOUT THE HOST
Kevin McDonnell
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
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