As promised I'm bringing landlords some more positive property news from that fickle world of the populist media.
Rosie Millard's column was talking up some positivity in the buy-to-let property world.
Yes, I know shes not an expert ( two London flats does not make a property expert), but she is part of the media machine that has recently been talking up the house price crash to try and sell a few more papers or get a few more viewers in this ever fragmenting media market place.)
Is it the start of a counter wave of media argument, talking the property market back up or at least not as far down?
We will see as the months pan out, but we all know that scaring people is a great way to get their attention (house price crash), exciting them is another way to get attention ( house price boom ), but boring them is never going to drag the punters in ( static market / slow annual increases for the next ten years).
Let's hope the latter happens and the media start finding something more frightening or exciting to focus on.
What next , we've had dangerous dogs, gun crime, house price boom and bust, terrorism, etc.
My prediction is striking. I can see it becoming big in 2009.
With the spotlight off property, landlords can go back to business in a steady way , with rational house price growth and rental demand. Peace at last!
Anyway, Rosie's basically sharing her experiences of increased rental demand on her rental properties that are reducing voids and increasing rents.
More positive property market news coming soon.
6 months ago I would immediately buy any newspaper (and I say any) whith the word 'property' on the front page. Today I much rather read the yellow pages than another story about the demise of btl or the end of the world because someone invested with some dodgy property club.
ReplyDeleteLet's face it. As soon as the public reaches saturation point with the bad news on the property market, and I think this is very close now, the media will drop much of the scaremongering and get real.
And real is: housing demand far outstrips supply and it will continue to do it so for the next 15-20 years.