TPP424: Is investing in city centres a thing of the past?

This week we’re turning our focus to city centres

The death of city centres has been widely publicised, but is it correct? 

On this weeks episode of The Property Podcast, Rob & Rob have a different point of view that might open up a once-in-a-lifetime opportunity for property investors.  

So make sure you tune into today’s episode to find out what it is. 

Here’s what to expect on this week’s property podcast episode

A common theme amongst headlines over recent months has been how city centres are dying out, rural locations are thriving and how London is struggling.  

Apparently... what buyers and renters are looking for has changed.  

So does this mean doom and gloom for people who already own properties in the city centre? 

Or is this just a blip and if so, does it create any kind of opportunity for investors?  

That’s what we’re looking at today.  

 

In the news 

This week's news story comes from Estate Agent Today and the headline reads ‘stamp duty receipts soar despite the holiday’.  

In March, stamp duty brought in £1.1 million, making it the fifth biggest month for Treasury income from this tax since it was introduced in 2003. It was also 22% higher than the same month in 2020. 

Which on the surface seems bizarre as when you cut a tax, you don’t generally expect to see MORE of it. But there are a few things that could be happening here... 

It could just be a conincidence, but it could also be that the reduction in tax has prompted more people to move, so the volumes are higher. It seems a win win for everyone. 

 

Hub Extra 

This week we’ve got an incredible resource for you called Class Central. 

It’s a search engine that’s for all of the free courses that are out there on the internet, mostly from universities.  

They’re reviewed, some will give you certificates and you can learn pretty much anything - and the quality is absolutely incredible.  

There’s always time to continue your learning which we’re big believers in.  

 

Let’s get social 

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. 

Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.

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