The Money Podcast Why the House Price Crash is a SCAM
Why do we never learn from the past? You only have to go back three decades to see multiple boom and bust cycles in the property market. Listen to this short episode from Rob to learn why the current House Price Crash is a scam!
KEY TAKEAWAYS
- How much do you think the market will crash by? Rob believes it will be more than 2008!
- This property crash is a scam because the boom was artificially created, they didn’t let the market recover properly from the last crash.
- 0% is not a normal interest rate but for many, it may feel so, those who were 18 in 2008 are now in their early 30’s, and there are many adults who have only known 0% interest rates.
- Interest rates should have been gradually increased so it wasn’t a shock but this wouldn’t have benefited the banks or central governments.
- Now is the perfect time to invest because prices are low, people can afford to invest.
BEST MOMENTS
"The bubble has been artificially created”
“They bailed out the banks, papered over the cracks and dropped interest rates and that lasted 12 years”
“I’ve seen 15% drops”
“It’s unsustainable and things need to change”
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
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LinkedIn: https://uk.linkedin.com/in/robmoore1979
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