Episode 175: Biggest price drop since 2009?!

Simon and Stuart discuss the recent news story about the biggest annual fall in house prices since 2009, is it the start of a crash? They also discuss the wider state of the property market, the impact of inflation on renters, and considerations for investors. Join our email newsletter (http://eepurl.com/icl-1f) for extra, exclusive resources. The property talk this week includes: * Price drop story, with the graph we discuss, on the BBC (https://www.bbc.co.uk/news/business-65135405). * Source data from Nationwide (https://www.nationwidehousepriceindex.co.uk/reports/house-prices-record-seventh-consecutive-monthly-decline-in-march). * New listing prices are holding up (https://www.patma.co.uk/property-prospector/features/market-updates/). * People are still listing property at prices close to the peak last year. * Compound inflation adds up! * The next few weeks/months will be critical for the housing market. * Thinking about the tenants when choosing an investment. * Find us on Twitter (https://twitter.com/BizOfProperty), YouTube (https://www.youtube.com/channel/UCRfrbvIJfodFK8tikisCjVw) or LinkedIn: Stuart (https://www.linkedin.com/in/stuartlordan/), Simon (https://www.linkedin.com/in/simonpither/). Subscribe to The Business of Property podcast on Spotify (https://open.spotify.com/show/73chI0Nqi9eRFUM7tkHc6r), iTunes (https://podcasts.apple.com/gb/podcast/the-business-of-property/id1495635728), and all podcast platforms (https://www.thebusinessofproperty.com/subscribe). Join our email newsletter (http://eepurl.com/icl-1f) for extra, exclusive resources. Please leave us a rating and review if you're enjoying the show. This podcast is produced in association with PaTMa (https://www.patma.co.uk/), the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Get your FREE account today (https://www.patma.co.uk/).