EP4: How will Covid19 impact the Housing Market?

This week I go to London, Dublin and Belfast to get the view from three outstanding guests on what the potential impact might be on the housing market across the UK and Ireland as a result of Covid19.   My first guest is the chief economist at Propertypal in Belfast, Jordan Buchanon. In this wide ranging conversation we really get stuck into many of the factors that play a leading role in how our actual economy works, and why it is so important to keep an eye on what happens right across the planet, in terms of how it might impact us at home.  We cover the furlough schemes, try to map out any potential recovery, looking at the health of the banking system today, and why it is so important that our banks keep credit flowing. Jordan is over the data and I think you will get great value from this conversation.   I then chat to Money Week's John Stepak, which was another fantastic conversation.  John has been writing about finance, business and economics for over 20 years and coincidently, has just released his new book The Sceptical Investor.  In this conversation we discuss Johns view on what might happen within the housing market which is interesting, given John is known for calling the last housing crash in the USA in 2006, and is on record stating how that crisis at that time, would become much more profound, which it then did, in the form of the collapse of the American banking structure and the subsequent Global Financial Crisis.  There are some nuggets in this chat with John so make sure you have a pen and paper ready as he shares with me a number of characteristics that makes a truly great investor.  This was a super conversation and I can't wait to get John back on the show. Make sure you check out his new book and also have a look at the work him and his team are doing in their publication of Money Week.  My final stop in this episode was Dublin and Mr Karl Deeter. Karl is a regular contributer to Irish television and radio and is an expert in all things business, finance and property. He is also a proper entrepreneur, who is motivated to bringing change and solutions to his industry, which he is doing right now through his digital mortgage and insurance platform Yes.ie  In this conversation Karl admits he has got a number of things wrong in the past, but is reasonably optimistic about Ireland seeing this crisis out. He has the view that although house prices will reduce this year in ROI, they will stabilise next year and then increase again the following year.    This was another wide ranging conversation which looked at what is happening in the USA economy, the rise of TRUMP, also touching on some of the advantages the UK have in terms of making their own fiscal decisions and not having to get permission from the European Union.  All really good stuff and all in the mix when trying to figure out things like where a housing market might be heading.  It was fantastic for me to get three very unique takes on what the impact might be on the housing market and so much more from all of my guests.  I hope you guys get some value from it.  Look after yourself,  CD ✌🌾  If you would like to sponsor an episode of Money and Plants, feel free to get in touch with me.  The show is being really well received and being downloaded in over 15 countries already, which I am delighted about. I am also keen to support the `SME community in any way I can.  Best email is [email protected]