Why house prices will fall 35% over 3 years. Please prove me wrong.
Moving Home with Charlie02/16/23 • 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
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02/16/23 • 63 min
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