Simon and Stuart discuss the recent news story about the biggest annual fall in house prices since 2009, is it the start of a crash? They also discuss the wider state of the property market, the impact of inflation on renters, and considerations for investors.
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The property talk this week includes:
* Price drop story, with the graph we discuss, on the BBC (https://www.bbc.co.uk/news/business-65135405).
* Source data from Nationwide (https://www.nationwidehousepriceindex.co.uk/reports/house-prices-record-seventh-consecutive-monthly-decline-in-march).
* New listing prices are holding up (https://www.patma.co.uk/property-prospector/features/market-updates/).
* People are still listing property at prices close to the peak last year.
* Compound inflation adds up!
* The next few weeks/months will be critical for the housing market.
* Thinking about the tenants when choosing an investment.
* Find us on Twitter (https://twitter.com/BizOfProperty), YouTube (https://www.youtube.com/channel/UCRfrbvIJfodFK8tikisCjVw) or LinkedIn: Stuart (https://www.linkedin.com/in/stuartlordan/), Simon (https://www.linkedin.com/in/simonpither/).
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