Will Economies and Property Markets Crash?
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
DESCRIPTION
In this episode, Rob talks about why he feels that economies and the property markets are likely to crash. He explains what has happened historically to back up this view. As well as touching upon when he thinks that may happen. Finishing up the episode by sharing details of what you can do to insulate yourself from this situation.
KEY TAKEAWAYS
- Most countries have printed a lot of currency to get through CoVid. This has almost inevitable consequences.
- At some point, fiat currencies correct themselves, so they fall in value.
- The UK housing market has seen double-digit growth, which is not sustainable.
- Even without today´s economic pressures, UK property prices crash every circa 18 years.
- Recognise that drastic change creates opportunities and be ready to take advantage of them.
- Use your time wisely now, to learn, so that you are ready for any change.
BEST MOMENTS
‘There is not a successful fiat currency.’
‘When you just print money and push it to market, inflation will rise.’
VALUABLE RESOURCES
Buy to Let: How to Get Started – By Rob Smallbone (Amazon)
ABOUT THE HOST
Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
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