The support provided by Central Banks around the world has been unprecedented during the Covid-19 crises.
All of this ‘electronic’ printed money needs to find a home. So far it’s gone into the stock market. History tells us that some of it will eventually make its way into housing, it’s just a matter of time.
I expect house prices to increase strongly in the years to come. Not right away, but perhaps towards the end of next year and certainly in 2022. No, I don’t have a crystal ball, but I do know that an unbelievably massive amount of new money has been created in a few short months, on a scale never seen before.
This new money will have an affect on asset prices in the years to come, that is for certain.
#assuredproperty #housing #rentals #propertyinvestment