Are you a mover, a flipper, or a forever-homeowner? The tribes driving the property market
Among its many surprises, the coronavirus pandemic has delivered a property boom.
In pretty much the exact opposite of what all the experts thought was going to happen the property market has hit fever pitch over the past year and a bit, with more people moving and house prices soaring.
But amid all the fuss, which property tribe are you in?
Are you a mover – for whom the grass always looks a bit greener, perhaps in a house with extra space, more bedrooms, a bigger garden, or with a slice of the country life or even a prime location in the city?
Or would you choose to be a flipper, happy to buy and sell regularly to try to make some money and climb the ladder quicker – maybe doing places up and turning ugly ducklings into swans as you go along?
Or is your chief desire to be a forever-homeowner, the kind of person who wants to either stay put where you are forever, or find the one place you can do that and then stop moving.
On this week’s podcast, Georgie Frost, Helen Crane and Simon Lambert take a look at the property market tribes and how they are driving the market, from those who love to move, to those chasing a quick buck, and those whose sole desire is to find the perfect place to stay put.
Also on this week’s show, the team discuss how to learn from your investing mistakes rather than beat yourself up over them.
And take a look at both sustainable banking and investing and what that means and why the new greener E10 petrol is causing a kerfuffle.