Want to know the Truth about the 2021 Housing Market Crash? How a No Deal Brexit and the US Election could impact house prices around the world? Well stick around.
Pandemic cases have been on the rise lately, causing most of Europe and the UK to enter a Second Lockdown. The US has announced that although economic recover for Q3 exceeded expectations, there is still a long way to go.
This will cause a loss of economic confidence, meaning people are less likely to invest and buy somewhere new, more and more people will be getting worried about their current home and try to force a sale.
During the winter months, the number of sales in the housing market tends to slump, therefore i foresee a slow close of 2020 and sales wont pick back up again until 2021, by this time the new Job Support Scheme/Furlough will have expired, as will Mortgage Forbearance and stamp duty cuts.
This could cause millions of people to lose their jobs and to lose their income, meaning they wouldn't be able to afford their mortgage payments and would be likely to lose their home, causing a housing market crash.
This will only be amplified by a no deal Brexit and the US election which would further impact confidence.
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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.
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.
#Housing #HousingMarket #HousingCrash
Pandemic cases have been on the rise lately, causing most of Europe and the UK to enter a Second Lockdown. The US has announced that although economic recover for Q3 exceeded expectations, there is still a long way to go.
This will cause a loss of economic confidence, meaning people are less likely to invest and buy somewhere new, more and more people will be getting worried about their current home and try to force a sale.
During the winter months, the number of sales in the housing market tends to slump, therefore i foresee a slow close of 2020 and sales wont pick back up again until 2021, by this time the new Job Support Scheme/Furlough will have expired, as will Mortgage Forbearance and stamp duty cuts.
This could cause millions of people to lose their jobs and to lose their income, meaning they wouldn't be able to afford their mortgage payments and would be likely to lose their home, causing a housing market crash.
This will only be amplified by a no deal Brexit and the US election which would further impact confidence.
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
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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.
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.
#Housing #HousingMarket #HousingCrash
House prices won’t crash, as long as interest rates stay where they are.
Brexit will have an impact on demand to some extent, however many houses are PACKED with people, so demand for housing is still high.
House prices are likely to stabilise, & slowly fall
As always simple valid useful & straight to the point
Hi Thomas, love your analysis as I think they're very on point!. I have a question for you:
I live in London and was thinking to buy a flat (zone 2 or 3) early next year before the Stamp duty holiday ends (I'm a first-time buyer). Would you recommend doing it before the stamp duty ends, or do you think the price will be better with the drop later in 2021, despite the fact that I'll have to pay stamp duty? let me know!
Great video Thomas, thanks for giving such great analysis. It looks like the virus is here to stay for quite some time and the fallout will be huge. Can the government keep spending so much money on furlough schemes if this lasts for another 6 months or longer? Can QE really save the economy? We’re in unprecedented territory here, I guess it remains to be seen, but I doubt it. Keep up the good work 🙂
Sick and tried about the house prices crash!!! Don't believe it will go down 👇
The uk government can not let a housing price crash this time due to the impact on GDP.There will be more roll out propping up stimulus next year this coupled with a vaccine and relaxing of the mortgage lending criteria will propel asset prices higher .Supply will still be lower than demand homeworkers will be relocating to suburban areas creating mini boom areas flat areas and lowering price areas a completely fragmented bazaar hosing data.Consumers who can afford to downsize will do so to protect their equity.I cannot see any crash happening next year due to the background banking intention on inflating the debt global debt whilst bringing in the new digital currency.We are near the end of a long term debt cycle and the demise of fiat currency.2023 looks like the year of crashing asset prices due the the great monetary reset depending on their hidden plans for the new control structure or NWO..Thanks for sharing your views interesting 👍🙏🙏
A great balanced view of the situation Tom. Love the graphs and visuals:))
Yes going to be an almighty house price crash next few years
Great video Tom 🙂 interested to see how long this second lockdown lasts!
What do you think about the housing market? do you think it'll crash in 2021? before? or not at all?