RE: Gold price18 Feb 2025 15:45
Hi Speedy,
I’m a small time landlord, so been thinking quite heavily about all the possibilities here…
If all of this materialises, wouldn’t property count as a real asset, like gold, for all intents and purposes?
I appreciate a collapse in fiat would probably push lending rates significantly higher, which would price out lots of residential buyers, but that in turn would lead to more rental demand, which in turn would lead to more demand for b2l properties with only rich people, successful portfolio landlords, or large companies (which we are seeing starting to happen now) become more heavily involved in the PRS, keeping prices high presumably.
I’m not disagreeing with you Speedy, but if you could clarify why you think property prices would collapse under that scenario I’d be much obliged. I’m no doubt missing something…