What is the biggest lie in politics right now? What could the impact be on you and your UK Property Investing?
In this video, Property Expert, Simon Zutshi, addresses why he thinks the government target of building 300,000 new homes is a lie.
Both the Conservatives and Labour party shared their visions of 1.5 and 1.6 million homes being built in their parliamentary term. Despite Labour’s landslide victory, the reality of this housebuilding target is still near enough unrealistic.
Simon talks in detail about some of the reasons why he thinks this won’t happen, this includes the Planning Department being understaffed and UK developers being non incentivised to building more property.
According to Simon, another significant lie you’re being told, is part of Angela Raynar’s housing announcement. With a Housebuilding Target to Rise from 300,000 per year to 370,000, this is even more unbelievable given all the problems in the current Property Market.
In order to become a successful property investor in this Housing Market, becoming familiar with Cash Flow Positive Properties is a great idea. Mastering HMO Properties and Serviced Accommodation in particular, will be beneficial to utilise.
