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Podcast: The Property Nomads Podcast
Episode: Housing Alert - Gap Between Sold House Prices And Asking Prices is 22 Percent - Here's Why
Description: There's a growing disparity between the prices being asked for houses and the eventual selling prices - sometimes as large as 22 percent! but why is this new phenomenon occurring so frequently? In this episode, Rob explains it all KEY TAKEAWAYS We've seen the Bank Of England base rate go from zero to around five percent - an unprecedented hike - as well as lockdowns, financial stimulus and tumultuous economic conditions. All of this has led to an increase in house prices. Quantitive easing may have aided the economy in the short term, but we are now...