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TPP492: Is the property market slowing down?

The Property Podcast

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Is There a Recession Already?

Bank of england predicts will be in the autumn. However, i don't believe it's going to be a particularly deep recession. We're in a position at the moment where the labour market is actually ludicrously strong. It might not be exactly the case now, but we did have situation where there were more job vacancies than job seekers for basically the first time ever. I also think that a majority people it won't be a difficult recession. So even if you look at the most recent recession we've had, it's clear evidence that it does not equal a property market crash. But of course, there have been previous processions when we have seen property prices crash like our ways.

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