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Why I am confident in the long term property market
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triathlon
Posts: 969 Forumite
I have never claimed that there has not been a housing crisis in the UK, still is. But what I have been certain of is that no government for all their weasel words will ever do anything about it, hence my confidence present and future in investing in the property market.
This covid 19 epidemic and crisis along with the 2007 banking crisis have now 100% convinced me that. Money when badly needed because of what the government deemed a crisis such as bankers and covid 19 can be found in the £100s Billions.
To build 2 million new homes in the UK, something that would have also driven the UK into massive growth in the process would have cost £100-£150 billion, peanuts compared with what they are willing to spend if needed.
Hence my long term confidence in the UK property market
.
This covid 19 epidemic and crisis along with the 2007 banking crisis have now 100% convinced me that. Money when badly needed because of what the government deemed a crisis such as bankers and covid 19 can be found in the £100s Billions.
To build 2 million new homes in the UK, something that would have also driven the UK into massive growth in the process would have cost £100-£150 billion, peanuts compared with what they are willing to spend if needed.
Hence my long term confidence in the UK property market
.
1
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