Brexit Brexit Brexit Brexit Brexit Brexit... If you want to know where I stand then...
You'll never know because to publicly come out is far too divisive!
On property though I can give you a low down from an investors perspective.
There were predicted price drops of over 30% upon a vote to leave. Since the referendum prices have risen by 8% on average across the UK. If you had waited for the uncertainty to pass over that period, you would have missed out on 8% growth, or with a 75% leveraged buy to let, a 32% uplift in the value of your equity.
One of the world's richest men is Warren Buffet, he's made a lot of money running into fires whilst everyone else is exiting the building, whilst many investors are pausing their investments, people like him and who have studied his methods are going in and buying undervalued property and making these kinds of returns whilst others are running from the flames.
Brexit can go wrong in a number of ways, the supercrash that the media are telling us will happen could happen if we make a clean break. On the other side, if we don't exit at all then our democratic institutions and parliamentary system may get turned over by protest and/or vote. Either way there's bound to be unrest and unrest brings gifts.
Case in point, the Yellow Vests in France were offered tax breaks by Macron after a number of protests.
Another recent case... The recent economic crash followed government programs such as Quantitative Easing and bailing out banks. Should there be an economic event in the UK that affects property prices then there will be stimulus packages put in place.
Then there are the cycles, we are mid way through an 18 year cycle at a point where prices are due to dip before they boom followed by the crash at the end (which barely scrapes the top off the boom).
And in many parts of the country this cycle is playing out exactly to the predicted cycle, a cycle that existed long before Brexit... or even the EU for that matter.
So that's Brexit, Buffett, being stimulated, house prices and cycles, I'm afraid the headline is more exciting than the story...
If you study property, property history, values, cycles and income then it will help, all you need to know is that you invest smart. Invest in areas of growth, places that there's a high rent demand, make sure your cashflow pays you well and monthly so you're insured against risks and you will make a handsome profit.
If you pick your areas correctly you can create great cash flow, high returns and get high Capital Appreciation, our latest property generates £312/month profit after expenses out of an investment of less than £10k...
The method and approach is here:
Hi, I'm Martin Howard and I authored this article. I lead up the Key Properties group, we are a sourcing, development, estate and letting agents that operates mostly in South Wales. We typically over achieve on our projects and deliver great returns to our investors. Email me: email@example.com if you want to chat or WhatsApp, call or message 07851 873995. Thank you for reading 😀😀