It’s being debated endlessly in the media, at property networking events and all the most fashionable dinner parties – so we’re getting in on the action too. London property prices, it’s fair to say, are seriously high – so will they go further, or come back down to earth?
In this episode we examine what’s happened since the crash and where we are now, looking for clues to help us predict what’s in store for the years ahead. To help us along the way we draw on several data points, including:
ONS regional house price data
The FT’s report of the percentage of London property bought by non-British nationals
UBS ranking London as the least affordable city in the world
There’s only one thing for sure – which is that nobody knows anything for sure. But to hear our take on what happens next, take a listen…
Resource of the week
We’ve spoken before about the importance of giving the next generation a solid financial education, and this week’s resource is a tool to help you do just that.
Osper is a pre-paid debit MasterCard, paired with an app. It allows parents to load money on for their kids and keep an eye on what’s being spent, and the card holder can track their spending over time and set savings goals.
It looks like a pretty neat way of giving responsibility with oversight, so well worth a look if you want your kids to get the right mindset and become future Property Podcast listeners.
Hey! Do you self-manage your property?
For The Property Hub Magazine, we’re looking for case studies of people who’ve recently started self-managing for the first time. You’d talk through the process of what you did, what went well and what you’d change next time, all with a view to helping your fellow readers out if they’re doing the same.
If you’re interested, just hit “reply” to this email and we’ll be in touch with more info!
Join the conversation
So, come on then…that’s what we think about London, but what about you?
Are you still buying in London? Are you selling what you hold in London? Are you willing to put your neck on the line with a prediction?
We’d love to know, so join the discussion in The Property Hub!
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