Letting & Estate Agent Podcast 14 Housing Ministers in 10 years - Ep. 2410
Dec 7, 2025
Simon King, an estate agency non-executive director and thought leader, joins to discuss the chaos of 14 housing ministers in just ten years. He explores how this political instability impacts agents, buyers, and sellers. Simon reveals how housing serves as a key economic indicator and the increasing role of foreign investment. He also sheds light on surprising real-term house price movements and the resilience of wages amid these changes, providing insights crucial for understanding the future of the UK property market.
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Housing Is The Economy's Bellwether
- The UK housing sector acts as a bellwether for the whole economy and attracts major foreign investors like BlackRock.
- Simon King says property market health signals international confidence and drives broader economic activity.
BlackRock's Big Bet On UK Property
- Simon King recounts large foreign capital flows into UK property, citing BlackRock increasing investments from $500m to $1bn.
- He uses this example to show why global investors watch UK housing closely.
Agents Reopened First After Lockdown
- Estate agents were among the first high-street businesses to reopen after COVID, highlighting property transaction centrality.
- Simon King says this underlines how intrinsic housing is to UK economic functioning.