UK Basic Housing Economics 101
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
Rob delivers a simple overview of the UK housing market, and the fundamental facts you need to focus on amid the media's distorted narrative.
KEY TAKEAWAYS
- Supply of property in the UK is much lower than the demand. Many blame this on migrants but this is not the issue.
- The fact is that we have reached a point on this island where even if net migration was at zero, we still do not have enough affordable housing to cater to the population, which is constantly growing.
- The challenge we face with housing is that not enough are being built. The costs of building, plus interest rates are playing a huge part when it comes to why.
BEST MOMENTS
'It will take twenty years for the supply of property to meet demand'
'There are far more fundamental issues'
VALUABLE RESOURCES
https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration
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.
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