Why house prices will fall 35% over 3 years. Please prove me wrong.
02/16/23 • 63 min
I'm being asked almost every day, "Charlie, why do you think house prices will fall 35%? I just don't see it."
I'm going to try and explain it a different way tonight. Watch the video of this podcast here: https://youtube.com/live/6RX8m5AL3sY
First Time Buyers:
https://www.bloomberg.com/news/articles/2023-01-03/first-time-buyers-made-up-over-half-of-uk-home-purchases-in-2022
Landlord Exodus:
https://www.telegraph.co.uk/property/buy-to-let/london-landlord-exodus-mortgage-rates-destroy-profits/
Second Homes:
https://www.google.com/search?q=second+homes&rlz=1C5CHFA_enGB899GB900&source=lnms&tbm=nws&sa=X&ved=2ahUKEwjqsNzI-Zr9AhVXilwKHUNmDAEQ_AUoAXoECAEQAw
Professional Investors:
https://www.telegraph.co.uk/property/buy-to-let/inside-frenzied-buy-to-let-investor-exodus/
Economy: https://www.bloomberg.com/news/articles/2023-02-08/uk-may-avoid-recession-but-1-in-4-unable-to-pay-their-bills
Propertymark - Properties for sale increased 50%: https://www.propertymark.co.uk/resource/housing-insight-report-september-2022.html
RICS Buyer demand:
https://www.theguardian.com/business/2023/feb/09/uk-property-demand-house-prices-england-rics
Here are 38 itemised reasons if you haven't seen any of these:
16 Reasons: https://www.youtube.com/watch?v=pmwKQ3hMvxQ
10 Reasons: https://www.youtube.com/watch?v=jRjMEqYcilk
8 Reasons: https://www.youtube.com/watch?v=vL6rg_wq6r0
4 reason: https://youtube.com/live/G9NwPHMx2w8
But you should still buy now if you can, just don't overpay!
https://mhwc.co.uk/mortgage
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
I'm being asked almost every day, "Charlie, why do you think house prices will fall 35%? I just don't see it."
I'm going to try and explain it a different way tonight. Watch the video of this podcast here: https://youtube.com/live/6RX8m5AL3sY
First Time Buyers:
https://www.bloomberg.com/news/articles/2023-01-03/first-time-buyers-made-up-over-half-of-uk-home-purchases-in-2022
Landlord Exodus:
https://www.telegraph.co.uk/property/buy-to-let/london-landlord-exodus-mortgage-rates-destroy-profits/
Second Homes:
https://www.google.com/search?q=second+homes&rlz=1C5CHFA_enGB899GB900&source=lnms&tbm=nws&sa=X&ved=2ahUKEwjqsNzI-Zr9AhVXilwKHUNmDAEQ_AUoAXoECAEQAw
Professional Investors:
https://www.telegraph.co.uk/property/buy-to-let/inside-frenzied-buy-to-let-investor-exodus/
Economy: https://www.bloomberg.com/news/articles/2023-02-08/uk-may-avoid-recession-but-1-in-4-unable-to-pay-their-bills
Propertymark - Properties for sale increased 50%: https://www.propertymark.co.uk/resource/housing-insight-report-september-2022.html
RICS Buyer demand:
https://www.theguardian.com/business/2023/feb/09/uk-property-demand-house-prices-england-rics
Here are 38 itemised reasons if you haven't seen any of these:
16 Reasons: https://www.youtube.com/watch?v=pmwKQ3hMvxQ
10 Reasons: https://www.youtube.com/watch?v=jRjMEqYcilk
8 Reasons: https://www.youtube.com/watch?v=vL6rg_wq6r0
4 reason: https://youtube.com/live/G9NwPHMx2w8
But you should still buy now if you can, just don't overpay!
https://mhwc.co.uk/mortgage
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
Previous Episode
Hooked on House Price Heroin
Moving home is not about money. Watch the video of this livestream here: https://youtube.com/live/TRxMUHgZtLo
But all the people who make their living from the moving industry think it is.
Oh, and unfortunately the UK economy (GDP) is linked to house prices too.
We're about to get our Cold Turkey.
https://mhwc.co.uk/mortgage
https://linktr.ee/movinghomewithcharlie
John Stepek's Bloomberg article: https://www.bloomberg.com/news/newsletters/2023-02-13/what-if-uk-inflation-stays-high-what-does-it-mean-for-investors
Sign up for John's "Money Distilled" free email newsletter. It's really good:
https://www.bloomberg.com/account/newsletters/uk-wealth
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
Next Episode
Lies, Damned Lies and House Price Statistics
In this video, I'll break down all the different reasons average asking prices can go up when prices are going down.
Watch this livestream on video here: https://youtube.com/live/PW52lcsO1_Q
35% drop explanation video: https://www.youtube.com/watch?v=6RX8m5AL3sY
Charlie says: https://www.twindig.com/market-views/property-market-insights-170223
Bloomberg 40% collapse Podcast
https://origin.www.bloomberg.com/news/articles/2023-02-17/podcast-the-collapse-of-the-uk-housing-market-may-be-coming
Camden Prices Jump 17%
https://www.bloomberg.com/news/articles/2023-02-20/north-london-property-prices-jump-as-buyers-return-to-capital?srnd=premium-uk
House Price Graph showing RM v Halifax v Nationwide since 2007
https://twitter.com/RichardDias_CFA/status/1627637472191516675?s=20
Population Decline
https://www.ft.com/content/7a558711-c1b8-4a41-8e72-8470cbd117e5
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
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