The Housing Market is Going to Crash. But how far will prices crash? Will there be no crash at all or an economy crippling move such as a 60% reduction? There are so many estimates made by experts from estate agents, mortgage lenders, big banks and other economists, but who’s right?
So to start, I’ve seen a lot of news sources talking about price increases in the housing market. And how the housing market is rising and how its all good news and that no one should worry. And while this has been the case in June, July and August, I’m here to tell you that these increases are going to be short lived.
The housing market is currently rising as a result of artificial measures that are being put in place to ‘prop up’ the market. Furlough pay, stimulus checks, mortgage holidays, stamp duty cuts in the UK, additional tax reliefs and tax cuts in the US and the printing of billions and trillions of British pounds and US dollars.
Estate agents are predicting crashes of 3-7%. Consumer banks are predicting crashes of around 5-6%, but external economists and investment bankers are predicting much larger crashes of around 13-22%, with some experts predicting crashes of up to 40%. So who's right?
Be sure to let me know down in the comments below if you made it to the end of the video 🙂
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The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
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Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#HousingCrash #HousingMarket #PriceCrash
So to start, I’ve seen a lot of news sources talking about price increases in the housing market. And how the housing market is rising and how its all good news and that no one should worry. And while this has been the case in June, July and August, I’m here to tell you that these increases are going to be short lived.
The housing market is currently rising as a result of artificial measures that are being put in place to ‘prop up’ the market. Furlough pay, stimulus checks, mortgage holidays, stamp duty cuts in the UK, additional tax reliefs and tax cuts in the US and the printing of billions and trillions of British pounds and US dollars.
Estate agents are predicting crashes of 3-7%. Consumer banks are predicting crashes of around 5-6%, but external economists and investment bankers are predicting much larger crashes of around 13-22%, with some experts predicting crashes of up to 40%. So who's right?
Be sure to let me know down in the comments below if you made it to the end of the video 🙂
My Favourite Investing Books;
Rich Dad Poor Dad - https://amzn.to/3gqVJBW
The Big Short - https://amzn.to/2ExjIB5
The Wolf of WallStreet - https://amzn.to/2PgVeyo
The Four Hour Work Week - https://amzn.to/30hr3xe
Think and Grow Rich - https://amzn.to/2XkLyHg
Intelligent Investor - https://amzn.to/2BUqEYg
The Equipment I use to make these videos;
Camera - Canon EOS M50 - https://amzn.to/3225DVx
Microphone - Rode Video Mic Go - https://amzn.to/2F4C5On
Lighting A - 2x Softboxes - https://amzn.to/331O1IW
Lighting B - Neewer Ring Light - https://amzn.to/3309wda
Small whiteboard - https://amzn.to/2R6urW5
If you enjoy these videos and want me to continue making more, consider becoming a member of the channel here; https://youtube.com/channel/UCRTndpz_fpcVcoVe0QF1IgA/join
Buy bitcoin using Coinbase here - https://coinbase.com/join/smallb_1u?src=ios-link
DM me on Instagram to get a free share worth up to £200 with FreeTrade - ThomasJamesYT
Social media
Instagram - ThomasJamesYT - https://instagram.com/thomasjamesyt
TikTok - ThomasJamesYT - https://tiktok.com/ @thomasjamesyt
Subscribe for more related content - https://youtube.com/c/ThomasJamesPropertyInvesting
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#HousingCrash #HousingMarket #PriceCrash
well i hope it hit rocks bottom at the same time that amc goes to the moon….ill get me a nice pad if that happens…
I'm not bias
"I'm not bias."
I am very biased.
Love your videos! However, your volume is always low. Mic too far away? Anyway, I bailed on this one because it was hard to hear for me.
Scare tactics to get YouTube hits to make money. Get a job!
Do newbuild prices follow the same pattern?
What about the Brexit parameter ? Deal or no deal will definitely have some kind of impact!
As usual Tom, a right eye opening video, 👍
I seriously worry about people who is making big purchase at this moment. Specifically housing.
Good stuff. This is criminal activity by the government and banks. It can be summed up in one word… Deregulation. Banks right now are being allowed to keep leveraging fraudulent money and the government have encouraged them to do it. Even a half wit like myself knows it is the working classes that pay for this as we did in the 90s and 00s. It is a criminal disgrace and those that are endorsing it like Andy Haldane (who lied on the second quarter report by saying the real estate sector only dropped by 3% – real estate covers residential, commercial, accusations and rents etc. Acquisitions almost dropped to nothing and house sales were down 50, 40 and 30% and millions have struggled to pay their mortgage or rent. Add in rent holidays and business rate holidays then how the hell did it only drop 3%. If the bank of England are lying through their teeth then we are in big trouble.
I'm not biased
Great 👍
As always Tom, thank you for the analysis – it will be interesting to see how the housing market carries on in the coming months
The crash is going to be very big over the next few years as the world heads into a new Great Depression
Working from home will deflate the commercial market; lock downs will bankrupt the retail market; councils will have a deficit without business rates and parking charges.
Will they sting our council tax?
Hi Tom! Have you checked the latest meet Kevin video on this matter?he actually thinks a crash is unlikely to happen…
Hay yo – I’m not bias.
Great unbiased overview of the potential housing crash it’s difficult to know how this crash is going to play out this time even though it seems imminent.Inflating world debt via stimulus seems to be the new mantra of central banks and the fed propping up the housing market will continue but for how long ?Global currency reset and the demise of the dollar all feeding in to this plandemic new world order new control structure implementation vaccine push soon to come .The global elite machinery is being overhauled and its not looking good for our freedoms as a species.What do you think about the property market 18 year cycles according to this hypothesis we will not get a correction until 20240-2025,
Low interest rates will certainly help slow down the onset of the crash and government incentives like stamp duty exemption may continue for longer so many different dynamics at play this time round compared to 2008 it seems inevitable that some sort of correction should take place but when and how is a tricky one 👍🏻👍🏻🙏🏼🙏🏼
Lots of great info Tom. What’s your opinion on the market in different areas tho ? Will there be a greater crash in London as opposed to the suburbs ? What about northern cities where prices are so much cheaper ? Thanks 😊
Hi Thomas what you think about interest rate increases
I'm Not Bias
I’m not bias
Save up Money down payment for a house
I am not biased
When will this happen? I have 1 big re mortgage to go. So long as it crashes after it goes through. Application being done Friday.
Are you waiting for the crash then Tom to buy?
Thats interesting for example in Stoke there is about 7% price crash in last 12 months according to zoopla today
What do you think to prices in the housing market? will they crash? or continue to rise? how big do you think the crash will be?
I'm Not Bias 🙂
Great video Tom, really interesting to see your view