Is property investment still a good idea? It’s a question that hasn’t come up much over the last couple of years – but the recent changes mean we’re hearing it ever more frequently.
In this episode we address the main concerns we hear, including:
- The new tax treatment will reduce profits
- Higher stamp duty rates will reduce yields and push prices down
- We’ve already had all the growth – property is unaffordable now
- The government is going to make life impossible for investors
How much merit does each of these arguments have? We find out – as well as discussing some reasons why we think (surprisingly) that property is still a good idea.
Some resources we mentioned were:
- Our free course on whether you should invest via a company
- A spreadsheet to calculate the impact of the mortgage interest changes
Resource of the week
Property Detective is another tool for finding out about a local area – just pop in a postcode, and it will give you information about schools, the local population, and so on.
A lot of the data requires payment in order to access it – but the company behind it has just been bought by Zoopla, so we might see its features being integrated soon…
News this week
Who doesn’t love an interactive map? This piece in the Independent features a map put together by Savills showing where owner-occupier loan-to-value ratios vary across the UK.
It purports to show which areas will be worst affected when the base rate rises – but also tells a story how different parts of the country have performed over the last few years of recovery.
If you’re into graphs and charts, Rob B suggests following Neal Hudson on Twitter.
Meetups are coming next week!
The Property Hub runs the biggest network of free property meetups in the UK, and they’re heading to a town near you (probably) next Thursday, 3rd March.
They’re free, you’re not going to get sold to, you get to talk about property for a couple of hours with people who clearly have a discerning taste in podcasts…what’s not to like?
Join the conversation
So, do you share our views on the future of property investment?
How are you planning to alter your own plans, if at all?
We’d love to know, so join the discussion in The Property Hub!
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