The Future of House Prices

521,661
0
Published 2024-01-07
Gary explains how to understand interest rates – and how these influence house prices.

The Trading Game by Gary Stevenson is released on 5 March 2024 in the UK.

Get 20% off at Waterstone's with discount code: TTG2024

Pre-order here www.waterstones.com/book/the-trading-game/gary-ste…

References:

Larry Elliott 'Most ingredients are in place for a property crash later this year' (Guardian, May 2020): www.theguardian.com/business/2020/may/24/most-ingr…

UNDERSTAND, SHARE & PUSH BACK

WEBSITE - www.garyseconomics.org/
TWITTER - twitter.com/garyseconomics
FACEBOOK - www.facebook.com/garyseconomics
INSTAGRAM - www.instagram.com/garyseconomics
TIKTOK - www.tiktok.com/@garyseconomics
YOUTUBE - youtube.com/garyseconomics
PATREON - patreon.com/garyseconomics
DISCORD - discord.gg/vqME6WsPd7

SUBSCRIBE, SHARE & START A CONVERSATION

Performed by Gary Stevenson
@garyseconomics

All Comments (21)
  • @gardenmind4515
    Speaking to friends, here in London, they are saying that houses are being sold but there are no mortgages being involved. They are being bought outright. There is a property grab from the super rich and we all need to be aware. Keep going Gary and educate all!
  • @jeffkitson9565
    This guy is like your mate that you only know from raves who also happens to give economic advice.
  • @7willymak
    Man. You have come out of nowhere and basically made all of the other financial youtubers irrelevant. Extremely well done. Great communication. Perfect blend of not dumbing things down and talking to us like we are idiots, but also demystifying concepts and making them understandable to a normal educated adult.
  • Every week I buy more bitcoin because i believe it would surge after the halving, but could Gold be the safest buys other than BTC & APPL in terms of growth with $150,000 to outperform the market this year?
  • @robinfoster7597
    I'm a furniture remover, bottom of the market, sole trader. Within 2 weeks, of the Truss/Kwarteng budget everything just stopped! The Country had already been hammered by the cost of energy, markedly reducing business, then that budget was like the final straw! There is loads of money floating around at the top of the market, but the bottom is just flat! 25% of my business used to be moving renters but that all but dried-up with the pandemic - renting is so expensive that they're renting their own truck and doing their own moves. The market is a mess! I recently moved a young couple into a 1 bedroom flat in Bristol. Both were working but they had to pay a years rent in advance, £13,000! The real kicker was it was the ground floor of an ex-council house! The first floor was another flat and the loft had been converted into another flat! To top all off, the Chairman of Natwest, Sir Howard Davies, thinks that it's not difficult to buy a home!!!!! The people at the top are literally clueless and the very worst people to be in the positions they are in!!!! We are stuffed and I am scared!
  • @RickMckee-nq4ni
    The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.
  • @TerbrugZondolop
    I just want to say, it is amazing there is a person like yourself that is saying the quiet part out loud . Brave and moral. Watched a lot of your videos. I hope there is a light at the end of the tunnel.
  • @lucensius
    You are a great person for advocating aggressive taxation on the wealthy even though you are rich yourself. I wish more wealthy individuals were like you. Thank you for sharing your knowledge and fighting for those who are less fortunate!
  • @TheBurdenOfHope
    Gary - mate with your book, the way you speak. Your intelligence. Your passion. Your anger. It feels like you with this community is starting something y’know? I’m excited. Big up to you man x
  • @carrroad
    Gary is honest and explains economics in a simple yet intelligent manner, unlike the mainstream media.
  • I love your clarity and enthusiasm. Thanks for sharing your experience.
  • @Gph0367
    Spot on Gary. Every time I hear someone say there is no money. I tell them that the wealth of the ultra rich has skyrocketed, and the only way to redress that balance is to close the tax loopholes and properly tax them!!
  • Gary has said..when Sunak changed the 2nd home owner stamp duty levy...an exemption was put in that if you bought more than 6 properties..you didn't pay the extra stamp duty on any of the properties. Jeremy Hunt went out and bought 7 properties. Why would that be designed into the legislation and for whose benefit.
  • @joshpickles9022
    My god I thought I was the only person on the planet who saw what covid actually was. Finally, so good to see someone else observing actual reality.
  • @SashaStowers
    When people say prices have to crash, because the average person cannot afford it, I always reply that the price of Ferraris and yahts should also be coming down soon, because the average person can't afford them. If something is only sold to and between the wealthy, what the average consumer can afford becomes a non-factor.
  • @gumusluk05
    Love this guy. It's like E17 have reinvented themselves into financial advice experts 😎
  • @robtalbot8060
    Stumbled across your channel recently, quite frankly everyone should be following you. Worrying times. Cheers Gary 👍
  • @thobraa
    The problem begins with the insane influx of cash trying to contain the financial crisis of 2008. Never solved the problem, kicked the can down the road, and here we are again with a much bigger problem.
  • @chetro1852
    In my area I’ve noticed that some higher end houses did drop substantially in price in the past year. But most of these houses were in the £1m to £2m bracket. My theory is that most of these were owned by less wealthy people who had very large tracker mortgages and couldn’t afford to wait it out.