Login
Podcast Insider Logo

Undercover Finance Expert Exposes the Shocking Downfall of the UK and the Housing Market Crash

by Rob Moore

Disruptors

Podcast Insider Logo

Get the full episode insights!

Enter your email below to get notified about more insights from:

Disruptors

This episode is titled:

Undercover Finance Expert Exposes the Shocking Downfall of the UK and the Housing Market Crash

Email

Notable Quotes

"You’ve got to work out how much time it costs you to save the pennies, to find the pounds."
"With an aging population and globalization...base rates would naturally be a lot, lot lower."
"I've become more skeptical. I don't really like that about myself, but I have."
Podcast Insider Logo

Get episode summaries just like this for all your favourite podcasts in your inbox every day!

Get More Insights

Episode Summary

In this episode, Rob Moore and Mark Homer discuss various aspects of the UK property market, starting with Mark's unusual living situation as a property investor living with his mother despite owning numerous investment properties. Mark explains his rationale for purchasing investment properties rather than his own home, citing the better financial returns from investing.

They explore recent tax changes affecting property investments, particularly the implications of Section 24, which limits mortgage interest deductions. Mark highlights how these policies have led to increased rents due to a lack of rental properties on the market and the challenges caused by rising interest rates. He shares anecdotal evidence of rent price increases over the years and how they correlate with the changing landscape of the property market.

The discussion shifts to the broader economic context, including inflation, interest rates, and the future prospects for buying and renting properties. Mark emphasizes the potential opportunities coming up as property prices begin to fall and hints at a favorable market for buyers in the near future. They also touch on the unintended consequences of government regulations and how these often impact tenants more than landlords.

Lastly, Rob and Mark discuss their past business experiences, how they navigated challenges within the training and property sectors, and how one must adapt and learn from setbacks. They conclude by emphasizing the importance of personal health and adapting one's mindset to maintain long-term success in business.

Key Takeaways

  • Owning investment properties can be more financially lucrative than buying a personal residence, especially during times of high market fluctuation.
  • Recent UK tax changes have impacted property investments adversely, leading to increased rents and fewer rental properties available.
  • Future market conditions might present a golden opportunity for buyers in the property market as prices begin to stabilize.
  • It's important to adapt business strategies based on current economic conditions and regulations.

Found an issue with this summary?

Log in to Report Issue

Built for solopreneurs, makers, and business owners who don't have time to waste.