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TPP479: Never choose the wrong location again

The Property Podcast

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The Real Story Is How We Value Properties

House prices are up 12 point one % over the last year, which is obviously like massive. So it's natural that if they give something a valuation now, while everything's red hot, that could end up coming down. But i think there's quite a bit of distance between house prices growing at 12% a year and people getting a bit cautious about them. The real story here is how we value property. An individual will go round, they're called a valuer, and they make a subjective call on the value of a property. I've seen valuers value identical properties in the space of two weeks and come up with vastly different numbers,. And hats wat? It's a flaw

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