TPP541: The silent property crash
The Property Podcast
00:00
The Effects of Inflation on Property Prices
All property prices have grown by 20%, which sounds really dramatic. But food is up 19% over just the last year, and Petrel is up by 24%. Wages over the last couple of years have gone up by 10%. All these things have gone up plus plenty more, and they're not coming back down again. What we're seeing at the moment is the cost of everything going up, and it's going to stay there. And that is exactly the same as saying that the value of the pound has fallen.
Transcript
Play full episode
