Keeping a Blog updated is a full-time job and when you have other full-time commitments, something has to give! So, like a lot of my readers and followers of the Blog, I must prioritise my workload. Serving my clients is paramount and comes first therefore, you may have noticed I have not been on the blog much recently. When I do get a chance, I try and give you a bit of a read instead of my usual word count. In recent weeks I have had several conversations with Walsall Landlords and Walsall Property owners all asking me the same question time and again if, the Walsall property market will crash in 2021…??
..in the last few months, the Walsall (and UK) property market has resisted and defied every economist’s prediction. With the economy a shadow of its former self, unemployment set to hit 11.9%, the Government on track to borrow nearly half a trillion pounds to pay for Coronavirus support packages etc., all of this has had no effect on Walsall homeowner’s enthusiasm or capability to want to move home. It highlights the influence of both the emotional impact of lockdown and the enticing appeal of saving thousands of pounds on your Stamp Duty Tax bill.
For the last few months, the Walsall property market has been akin to a surfer, riding an unexpectedly large wave. The question is, will the surfer crash down (i.e. the property market) into the rocks or will it calmly arrive at the beach unscathed? Well looking at house prices firstly…
You must be logged in to post a comment.