The Property Podcast
TPP597: How often do property prices double? (Surprising data)
Aug 22, 2024
The podcast tackles the myth that property prices double every decade, revealing surprising truths backed by data. It discusses the impact of recent political developments on the housing market, like proposed rent controls. A survey highlights varying public sentiments about property prices post-election, particularly in London and Scotland. The hosts emphasize the importance of understanding market cycles for investment success. Finally, they explore the intriguing link between personal health and financial growth, suggesting blood tests as a key to better investment outcomes.
24:44
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Quick takeaways
- The recent decision against rent controls in London is viewed as a positive sign for property investors amidst ongoing housing supply concerns.
- Historical data shows property prices are taking longer to double than previously expected, indicating a potential shift towards future growth.
Deep dives
Impact of Rent Control Policies
The discussion highlights the recent decision by Angela Rayner to stop a proposal for rent controls in London, emphasizing its significance within the property industry. A spokesperson from the Ministry of Housing made a firm statement indicating there are no plans to delegate rent control powers to local governments. This decision is seen as a positive development, as implementing rent controls is believed to exacerbate the housing crisis rather than provide a solution, given the greater concern of housing supply. The hosts suggest that while politicians can change their position, this current decision signals good news for property investors.
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