The Progressive Property Podcast Is The UK Property Market About to Crash?
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Is a property market crash imminent? Kev explores this question and reveals everything you need to know about the market right now!
KEY TAKEAWAYS
- Kev has both breadth and depth of knowledge in property, he has invested in everything from buy to lets to commercial conversions. This is why he is best placed to answer questions around the imminent ‘crash’.
- High-interest rates aren’t all bad news, they effectively stress test all of your investments, meaning you’ll never risk buying something you later can’t afford.
- Property investing is about the long term, that’s why you don’t need to worry about high inflation right now.
- There are big deals and opportunities out there to make money in property and anyone could find and take these but people don’t think creatively.
- If you are looking to move up the ladder and get a ‘dream home’ for a good price, now is the perfect time.
- The only route out of a recession is to stimulate the economy, to create growth and to do this a key way is to make lending cheaper which means interest rates will need to drop.
BEST MOMENTS
‘I know the property market inside out’
‘High interest rates actually protect you’
‘You do not need to be a professional property investor to find these deals’
‘It doesn’t matter how high the Bank of England push up interest rates, I’m not convinced it will control inflation’
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
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