Mark Homer talk about his property predications for 2022, where the market is going, what he thinks may happen and the impact this will have on business owners and property investors
Smaller units and apartments have been selling slower in 2021 –vs- houses, especially in London. The North and satellite cities such as Peterborough have benefitted from this and have been ‘catching up’ with London.
#PropertyMarket #HousingCrash #HousePrices
There have been a lot of discussions around inflation. Mark doesn’t believe there is going to be some massive spike of inflation into the double digits, he just doesn’t think this is likely to happen, most of what we is seeing is just a short term side effect of restrictions and lockdowns on supplies.
Mark thinks that capital growth in 2022 will be higher on smaller units and apartments in cities than it will be on houses in rural areas, mostly due to the success the latter has found in 2021, everywhere else will be playing catch-up.
Cryptocurrency has had another successful and strong year in 2021. Many people have used it as a speculative investment strategy as well as a way to store money. 2022 is likely to be a more turbulent year and many of the smaller cryptocurrencies will probably fail.
Look for yield in 2022. Only invest in assets that are solid, will yield well and that you fully understand.
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