This week we risked offending pretty much everyone by running through a list of places in the UK where we wouldn’t invest.
Our intention wasn’t to slag anywhere off, but to illustrate what does make a good investment by calling attention to situations where those factors are missing.
So, strap yourself in while we share why we wouldn’t invest in:
- The North-East
- Central London
- “The countryside”
While it is possible to do very well with specialised investment strategies in all of those areas (and in many cases we know people who are doing it), they’re not places we’d choose for an easy, risk-free investment. Take a listen to find out why and see if you agree!
Resource of the week
Seeing as we’re taking responsibility for large amounts of sensitive information with Yellow Lettings, we decided that passwords like “Password1” just wouldn’t cut it. But how are you meant to set a different password like “nL4Ax1k5EQx%%2thPbmo” for each site and have any chance of remembering them?
Enter LastPass, which everyone in our organisation now uses. LastPass is a password manager, which means that it saves and auto-fills your password for every site you visit, freeing you up to make them as long and complicated as possible.
All you need to do is remember your LastPass password – and please, don’t set that to the name of your dog.
It’s a real time-saver as well as a great security measure – and it’s free, so give it a try!
News this week
Rocketing property prices aren’t just a London phenomenon – there are many places outside the capital which have seen annual growth of nearly 12%.
As well as obvious hotspots like Salford, we were surprised to hear about double-digit growth in certain other towns – including one we had never heard of! The overall takeaway is that while we’ve slated the press before for taking a south-east phenomenon and imagining it applies to the rest of the country, this time it seems to be happening for real.
This week’s mentions
Have you booked your tickets for our summer meetup yet? No? What’s wrong with you!
It’s happening in London’s King’s Cross on 27 August, and it’s going to be amazing, obviously. Just visit thepropertyhub.net/meetup to grab your free tickets!
Rob B also recommended watching Bank of Dave, which took place in Burnley – one of the areas we mentioned in this episode.
Join the conversation!
So, we put our heads on the chopping block, now it’s your turn: which areas would you not invest in?
Do you disagree with any of ours, and if so, why?
We’d love to know, so join the discussion in The Property Hub!
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