What happens if the property market goes into a recession again?
Nothing. Well, more than nothing… you as an investor will be investing like never before. Why? It’s simple. In the UK property market – when prices start falling most people start selling, and when people start selling, the bargains will come rolling. It’s an incredible opportunity. You see, even though everyone will want to sell, no one – except you – will be able to buy. And if no one can buy, you can tempt them with your insatiable bargains that they won’t be able to refuse. But what about the rental market? Well, here is the best part. No matter the financial climate, there will always be a demand. Take for instance this statistic. Since 2001, the number of UK households renting has risen from 1 million to 3.1 million. That is an astounding 2.1 million increase DESPITE the property market going through a property boom and a recession during the last decade! Now add to the equation the fact that the government is struggling to produce even a quarter of the 400,000 new property dev