Housing Alert - Gap Between Sold House Prices And Asking Prices is 22 Percent - Here's Why
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
There's a growing disparity between the prices being asked for houses and the eventual selling prices - sometimes as large as 22 percent! but why is this new phenomenon occurring so frequently? In this episode, Rob explains it all
KEY TAKEAWAYS
- We've seen the Bank Of England base rate go from zero to around five percent - an unprecedented hike - as well as lockdowns, financial stimulus and tumultuous economic conditions. All of this has led to an increase in house prices.
- Quantitive easing may have aided the economy in the short term, but we are now seeing the impact in the market and financial sectors.
BEST MOMENTS
'There's only so much we can take'
'The market has hit a peak and now it's starting to come down'
VALUABLE RESOURCES
Multiple Streams Of Property income - https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692
PODCAST DESCRIPTION
Property Nomads brings property and all things currency, money and macro straight to you. All with a no-nonsense attitude!
PROPERTY BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US = https://linktr.ee/thepropertynomadspodcast
SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP = https://dash.sovereignman.com/a/smc12m995/tpnpodcast
SOVEREIGN MAN 4th PILLAR = https://dash.sovereignman.com/a/4pmain/tpnpodcast
ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.