House Prices To Fall 4% In 2024?! | Housing Market Prediction

[@StephenWalkerAhoy-Boats]

Sound advice Simon, as usual.

[@SimonZutshiOfficial]

Thank you!

[@TheWonderful77]

this video was insightful, thanks Simon

[@SimonZutshiOfficial]

My pleasure!

[@DowntownR]

Look at New Zealand -4% over 2023. They were a year ahead of the uk !

[@SilverWong-yo5iu]

Recession will bring down UK house prices to drop 14% at least.

[@colmdoherty4610]

Hi Simon, I was wondering if its worth coming to a PIN meeting. I have just truned 20, I love the idea of investing in property however i have zero experience and limited knowledge. I have listened to a large amount of your podcasts and began looking into going to a meeting. Are they suitable for people with no experience? Thanks

[@SimonZutshiOfficial]

Absolutely! The pin meetings are a way for everybody to connect, whether you have 0 knowledge or are already in the property game. The majority of the people who attend were in your position once and it is always that first step that is the hardest. Let me know if you have any questions, or if there is anything I could assist you on :)

[@PreciousIñosa]

🎯 Key Takeaways for quick navigation: 00:26 📉 *Halifax predicts a 4% fall in UK house prices for 2024 despite recent small increases, attributing it to factors like accommodation shortage and increased shipping costs.* 01:27 💼 *The crisis in the Red Sea has led to a dramatic increase in shipping costs, impacting imported goods' prices and potentially causing a spike in UK inflation.* 02:28 🏠 *Despite an interest rate war, mortgage rates for property investors remain around 6%, and uncertainty exists about the Bank of England lowering rates due to potential inflation.* 03:54 💰 *Affordability issues, difficulty in property financing, and conservative property valuations by surveyors contribute to the challenging market, leading to a projected decline in property prices in 2024.* 05:19 🌐 *Simon Zutshi advises investing now in UK property, emphasizing adherence to his five golden rules, positive cash flow, and long-term holding regardless of short-term market fluctuations.* 06:50 🤝 *Zutshi suggests alternative strategies like rent to rent and purchase lease options, providing cash flow and potential capital growth amid market uncertainties.* Made with HARPA AI

[@ayres6727]

just tell us how to buy a property

[@SimonZutshiOfficial]

Hi Ayres, I recommend you to sign up to your local pin meeting :)

[@ayres6727]

what's that?@@SimonZutshiOfficial

[@SimonZutshiOfficial]

pin host 50+ meetings in the UK, Dubai, Brazil... Essentially it is where a bunch of people come together, talk property, network with each other, whether your starting off or your already on the property ladder it is a good place to go to expand your knowledge. propertyinvestorsnetwork.co.uk/meetings/#

[@user-us2uy1tg5b]

you assume asset prices will always increase . we are in a world of the destruction of wealth , high interest , high inflation , biggest thing is technology will displace 1/3rd of working people . what is property worth when we will have highest unemployment rate this decade in history . property is over

[@SimonZutshiOfficial]

Property will always be worth something. The market is complex and a lot of things contribute to price inc/dec. With that being said property will always be the safest investment somebody can make.