What’s Left if All the Youth Move To The Cities?

Brett Alegre-Wood
November 5, 2020

It's always about the fundamentals 

The key here is about fundamentals. If you are to buy a property buy the one's with the best fundamentals.

If all the youth move to the cities what's left?

That's my concern realistically is you know look for years you know we when we first started we started in the suburbs and we started you know the cheaper stuff and all that stuff and we've built up to be where now we you know we sell you know six seven hundred eight hundred thousand dollar property or pound properties in you know in London.

Down to you know a hundred thousand pound properties in Liverpool and that sort of stuff. 

The 3+1 Plan Brett AlegreWood
The 3+1 Plan Brett AlegreWood
Get the perfect plan for todays market. Download The 3+1 Plan now!
Get the perfect plan for todays market. Download The 3+1 Plan now!

It's a very different market in Scotland, it's a smaller market. There's some fundamental changes namely oil and gas with all the issues there and that I know Aberdeen and a few of those places house prices have dropped considerably. So, it depends on how that's reacted.

The key here is about fundamentals so forget about where it is it's about where are the best fundamentals. If you can only afford a sixty thousand pound property then get a sixty thousand pound property in the best area you know that you can because that's more likely to go up for that area.

The challenge I have is there's a lot of areas that are getting no money pumped into them and they're the areas it doesn't matter how good the deal is how much discount they offer. How much incentive they say, you know it's just not worth buying there because everybody is moving out they're moving into the cities you know or they're moving into the commuter towns of the cities and that's where you want to be investing. 

Search Our Articles


Video Transcription

If all the youth move to the cities what's left?

That's my concern realistically is you know look for years you know we when we first started we started in the suburbs and we started you know the cheaper stuff and all that stuff and we've built up to be where now we you know we sell you know six seven hundred eight hundred thousand dollar property or pound properties in you know in London. Down to you know a hundred thousand pound properties in Liverpool and that sort of stuff. The key here is about fundamentals so forget about where it is it's about where are the best fundamentals. If you can only afford a sixty thousand pound property then get a sixty thousand pound property in the best area you know that you can because that's more likely to go up for that area. The challenge I have is there's a lot of areas that are getting no money pumped into them and they're the areas it doesn't matter how good the deal is how much discount they offer. How much incentive they say, you know it's just not worth buying there because everybody is moving out they're moving into the cities you know or they're moving into the commuter towns of the cities and that's where you want to be investing.


Tags

Property Videos


You may also like

How Much Do I Need To Comfortably Retire Calculator (In UK Property!)

How will Vaccine Affect Property Investors

Beginner Investor Live Property Webinar Series

How to Make Property Investment Effortlessly Done For You!

Join our resident experts - Dan, Ritesh & Ryan 

Dan Ritesh Ryan
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-color-3)","hsl":{"h":225,"s":0.82,"l":0.01}}},"gradients":[]}}]}__CONFIG_colors_palette__
Reserve your Seat Now!
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"c162b":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"c162b":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]},"original":{"colors":{"c162b":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__
Previous Article
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"c162b":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"c162b":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]},"original":{"colors":{"c162b":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__
Next Article

Property Investment... Effortlessly Done For You!

>