#115
Is now a good time to buy UK Property?
This is one of the most frequently asked questions relating to UK property on Google and this episode will help you come to your own conclusion.
Akhil Patel is one of the world’s leading experts on the 18 Year Property Cycle, and the title of his book on the subject, ‘The Secret Wealth Advantage’ gives a clue as to how important it could be to learn all about it.
This is one of my favourite episodes ever, so make sure to listen. And then listen again!
During the show, we discuss the following and much, much more:
· Akhil Patel’s book, "The Secret Wealth Advantage"
· His background and education in classics and economics
· The 18-year economic cycle
· Insights on where we are in the current cycle
· Investment and business decisions during the cycle
· Decoupling of property prices from rent towards the top of the cycle
· Cycle stages: low land prices, mid-cycle dip, construction boom, crisis, recovery
· Factors that might contribute to a surge in prices in 2024
· Uncertainty regarding the timing of a potential economic downturn
· Impact on rents and property market
· Increase in rents and its connection to wages
· The connection between increasing rents and property prices
· Potential decoupling of prices from rents during the cycle's peak
· Impact of specific factors like Brexit and geopolitical issues
· Potential challenges and risks during different stages of the cycle
If that’s not enough to get you to listen, then perhaps the appearance of Tiger Woods, Virgil and the Queen can convince you! Turn on, tune in!
We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss
To Join our Mailing List to access our 37 Question Due Diligence Checklist; our 23 Step Guide to Buying Property at Auction and our Monthly Newsletter
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To leave an honest review of Expat Property Story
To tell us the one thing you’re struggling with in UK property
As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):
Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month (Saturday S6th October, 2023) from 11:30 am
Dubai: Holiday Inn, Science Park on the first Wednesday of each month (Wednesday 4th October, 2023) from 7pm
Singapore: The Providore at VivoCity on the first Saturday of each month (Saturday 6th October, 2023) from 10:30 am
Keywords
The Secret Wealth Advantage, 18 year economic cycle, stages of the economic cycle, historical examples, investment decisions, business decisions, land and real estate, money creation, subscription service, proper
Here are some great episodes to start with.