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Is The London Housing Market Slump Coming To An End?

England’s capital, London, is renowned for being packed full of people. I’m sure the vast majority of you have had some sort of encounter with the London lifestyle and so you can understand just how busy the capital can be (though it may not quite be as busy as other capital cities!). With the large number of people in the capital comes a large demand for housing; this is one of the reasons that the London housing market has been so prosperous in the past. There are concerns, however, that the London housing market has been slumping as of late. The London housing market has been slumping as a result of uncertainty (the vast majority of which is a direct result of the Brexit movement). Some analysts, however, would argue that the London housing market slump is coming to an end and that the investment in housing is rising. This is a topic which has been debated for a while now, so let us take a closer look to see whether the London housing market slump is, well and truly, coming to an end.

According to some sources, the London housing market is still suffering as it was previously and the slump is becoming worse due to the Brexit movement. In December 2018, London saw a drop in house prices for the fifth consecutive quarter. The main causes of these falling prices are low levels of economic activity and affordability constraints. Both of these things are making consumers feel less confident, hence meaning that fewer of them are likely to invest in the future. This means that the London housing market is declining, and that the UK economy could suffer too.

According to other reports, however, activity in certain areas of the London housing market is improving. Some analysts have said that activity at the top of the property market has been 7% higher than previous years. The continual appeal of London, therefore, seems to be improving real estate sales, particularly for the more expensive houses. It could, consequently, be argued that these sales are contributing to the destruction of the London housing market slump.

In conclusion, certain areas of the London housing market are continuing to suffer; however, other areas are, once again, beginning to prosper. We must, therefore, hope that this growth continues to take place and that the uncertainty surrounding the London housing market will subside. Only then will the London housing market slump truly end.

The Help to Buy Scheme

The Help to Buy scheme is an initiative which has been set up by the UK government in the hope that it can help people who are looking to purchase a house. When saving to purchase your first home, the government will boost your savings by 25% if you use the Help to Buy scheme. So, if you save £200, you will receive an extra £50. I am sure that you can see how this may help people to increase their funds, and how this can be wholly beneficial for someone that is looking to purchase a new property. Some argue that the scheme is really good, whereas others aren’t quite as positive. I would argue that the scheme gives people a good platform from which they can build; however, it seems that people would still purchase the same houses, regardless of the scheme. Let us, hence, have a deeper look into both sides of the argument so that we can have a better idea of what the Help to Buy scheme is like and how you could benefit from it.

Some people argue that the Help to Buy scheme is putting upwards pressure on house prices. This may, potentially, have adverse effects in the future. According to Grenville Turner, however, the scheme is improving the confidence of people investing in houses which means that more houses will be invested in. This is wholly beneficial for the economy as it will continue to allow economic growth and could potentially enable economic development too. In essence, therefore, the scheme improves the level of economic activity which may not have previously taken place.

On the other hand, however, according to NAO three fifths of buyers still would’ve been able to buy houses without the scheme. The only trouble is that they would not have purchased the houses that they had originally wanted. Some would argue that this fact does not make the scheme any better, but I would argue the opposite. The fact that buyers can buy the house that they wanted is a wholly positive result. It means that they will be happier with their property and that their standards of living may increase. We see, therefore, how the wellbeing of an individual may be improved as a result of the Help to Buy scheme.

In conclusion, I hope to have briefly outlined what the Help to Buy scheme is like. It is, in my opinion, a very good scheme which enables first-time buyers to purchase the houses that they want. It may be seen as not so good by some, but I am sure that there are personal reasons for these views.

Educational Property Seminar Epidemic

Education is, in my opinion, one of the most valuable things that society has to offer. Improving your knowledge of a certain subject, trade or any such thing is vitally important if you want to succeed. That is why I would argue that educational property seminars are wholly beneficial. When dealing with property, knowledge is normally transmitted to a group of individuals in a seminar. During a seminar, a group of people listen to a professional within the world of property, who informs them about a certain area of the property market. The aim of such an event is that the people involved will use the knowledge to strengthen their careers in the world of property. There are various opportunities to attend educational property seminars; however, not all of them are as beneficial as others. I would advise you to do some research before attending an educational property seminar, in order to find one that suits you best. Let us, hence, briefly look at a few educational property seminars which may suit you.

The first educational property seminar is provided by deVere London. This is a property investment seminar (which is the same as an educational property seminar) as well as a business networking event. The event will explain the benefits of investing in property, and how it can increase your wealth levels. The speakers will also attempt to offer you advice on how to properly invest in property so that you get the maximum reward. This type of event is highly useful for people who are interested in the topic, so I would highly recommend researching more into it.

Secondly, Hawkthurst Invest Limited offer a wonderful property management seminar which ought to help you to manage the property that you own. What is more, the guest speakers will help you to manage your relationships with tenants. These are all valuable skills that are vital if you want to succeed in the world of property. I would, therefore, label this as a highly useful educational property seminar.

In conclusion, these are just two educational property seminars which could improve your skills and make you a better worker. I would highly recommend attending at least a few seminars so that you can improve your knowledge of the property market. Before attending the event, do ensure to conduct some research – this will help you make the most of your educational property seminar.

Real Estate in Florida and Miami

Miami is, arguably, one of the world’s most popular vacation spots. Miami offers so many different things, for so many different types of people, which leads to it being labelled as a place for all people. For example, Miami has a wonderful night life for those interested, as well as plenty of luxurious shopping malls which are home to some of the greatest consumer goods. What is more, there are also plenty of sporting opportunities available in Miami (in particular, one can play baseball, basketball and soccer). In essence, Miami is a wonderful place to visit. In addition, the real estate market of Miami and Florida is particularly strong. A large number of people wish to invest in property in Miami and Florida due to the wonderful lifestyle that one can live there. Hence, it could also be argued that real estate is very strong in Florida and Miami in comparison to other popular holiday destinations. Let us, hence, have a closer look at what the real estate market is like in Miami and Florida.

According to some sources, real estate in Miami continues to grow on a regular basis. The median house sales price rose 10.3% year on year in February, whilst the median price for condominiums also rose by 9.5%. Miami real estate is a real bargain compared to other popular locations, hence meaning that lots of people are willing to invest in it. What is more, more and more people are wanting to live the Miami lifestyle, hence leading to them investing in property. The attractive nature of Miami, coupled up with it’s cheaper prices, means that it is certainly a great place to buy property in.

Furthermore, real estate in Florida also seems to be improving as medium to lower income houses are still under-priced, therefore meaning that they are really attractive to investors. In addition to the low prices, more people are attracted to Florida as there is no income tax, thus meaning that they have more money to spend. Florida has, as of late, become a great retirement destination due to its wonderful climate and array of activities on offer.

In conclusion, I hope to have shown the strength of real estate in Miami and Florida, and the reasons behind this strength. Real estate will continue to grow in the two areas as more and more people seek the relaxing lifestyle offered in Miami and Florida.