State of the UK real estate market: Bloomberg UK Show

We explore the future of the UK's commercial property sector with Knight Frank's Head of London Offices, Philip Hobley. Plus, we ask Bloomberg Wealth's John Stepek whether Britain's housing market is bouncing back. "Bloomberg UK" focuses on the biggest economic, financial and political issues facing Britain. The program goes beyond the market moves with expert analysis and top interviews from the heart of London.

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[AH-fmrj]

The reality is that, most of the office jobs are done better and with higher productivity when done remote in a quite room rather than in a stinky spooky loud cubical. Why should someone commute 2 hours per day in a disease ridden public transport to come to a cubical and listen to 50 other people's conversations that doesn't even concern him/her?

[Jeffery.M]

Saying that remote workers are less productive is a lie. What data is that guy looking at to make such claims?

[dumitrupreda]

50% of Rentals are foreigner people which are working 24/7 to pay rent & bills 💵
At first increase of rent 80% from those 50% will leave UK as at that point doesn’t make sense for them to stay… you can be poor in own country where life is sweeter
And there you go Landlords will either pay for extra empty house or just give it to the Bank 🏦

[andrewrichards]

Building or renovating houses is expensive due to pandemic, inflation, etc so there will be no crash for well maintained houses
outside of London! Also UK government negotiated excellent support package for anyone caught out by interest rate rises.
There is a very slim chance they will allow a house price crash, especially before an election. Besides they can use tax payers money, pensions, etc to ensure no one is forced to sell. Not unless they want to! And who would sell for less than a house is worth unless they were desperate.

Inflation, WW3 & pandemic now means new build houses cost considerably more than ever before.

Do not expect much discount on house prices except those needing significant renovation and maybe some 500k to 1 million plus homes in larger cities. Why? People escaping big city as employers move into cheaper areas!
This is not even close to the house prices crashes of yester year. We are post pandemic in WW3, most of our planet has been closed for 2 years and we've had a significant increase in excess deaths within the healthy blue collar working population. Time to wake up and realise property is a very safe bet, just before a stock market crash!

[satya_uk]

The ponzi speculative property market is doomed, its matter of time. This recession isn't same as 2008 for EU and UK.

[shazoids]

The UK is in far worse shape than the US on inflation, growth, cost of living, brexit and the appauling way our country has been run in the last 12 years., the fall is already started happening according to official figures which matter like ONS. A lot of the media don't report it for obvious reasons.

[AbOrigineFidelis]

Did not learn anything new in this video...just platitudes...