Episode 74: As optimistic as reality

28/04/2021 26 min Episodio 74

Listen "Episode 74: As optimistic as reality"

Episode Synopsis

Simon and Stuart respond to a request for their thoughts on the next 5 years in the property market - along with reviewing recent price index reports.
The discussion this week included:
* Our recent chat about the property market (https://www.thebusinessofproperty.com/72).
* Property market reports: Nationwide (https://www.nationwide.co.uk/about/house-price-index/report-archive#xtab:2021), Halifax (https://www.halifax.co.uk/media-centre/house-price-index.html), e.surv (http://www.acadata.co.uk/assets/uploads/2021/04/e.surv-Acadata-House-Price-Index-England-and-Wales-March-2021.pdf), and Hamptons rental index (https://www.hamptons.co.uk/research/articles/rental-divide/).
* Chris asked about the next 5 years (https://twitter.com/Art_Of_Property/status/1382705412751917067).
* Why do we/people try to predict the property market.
* Focussing on financial fundamentals.
* "The longer term outlook remains highly uncertain" - Robert Gardner, Nationwide's Chief Economist.
* We were talking about down valuations (https://www.thebusinessofproperty.com/51) six months ago.
* "It's staggering how much the property market is increasing right now".
* A lot of regional variation.
* Income to house price multiples.
* Article about what might end the crazy property market (https://propertyinsider.info/this-crazy-property-market-how-long-will-it-last/).
* Cheap and easy money.
* Using PaTMa (https://www.patma.co.uk/) stats to further investigate price changes in the Redhill area.
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