Buy London Property. Now.

Buy London Property. Now.

As you know at Just Us we have a contrarian outlook on life.

We don’t follow the herd wandering aimlessly in the same direction. We listen to what is really going on – not what the sensationalist headlines say. They are, after all, someone else’s agenda and listening to them, believing them and absorbing them is unlikely to deliver you at the personal destinations, goals and achievements you seek.

We’ve read a lot this week to reaffirm what we believe.

As a reader of previous blogs, newsletters, or if you have met us you will know our views on the economic and real estate cycle. The recession and economic downturn we are in really is nothing new.

Neither is the worldwide response to getting us out of it.

Let’s look at home. Base rate was slashed to 0.5% in a move that now looks like part of the furniture. Current thinking supposes no rate rises until 2015 or beyond. That would represent 7 years of emergency rates.

Recession and economic downturn

The government sponsored schemes promote house building (New Buy) and house prices (Funding for Lending). Both these are classic post recession economic and political tools.

They are going to give the population more pounds in their pockets. MPs, Select Committees and Journalists screamed this week – how will this be turned off? History tells us there is no intention to turn off a vote winning, pound in the pocket, happy banker system. This is the classic point of our contrarian stance. People who have lived through the last 5 years have not taken on board the message. Have a look at this; where MPs slam horrendous mortgage guarantee scheme.

It is not just happening in the UK for goodness sake. In the US, the Washington Post reports that Obama administration pushes banks to make home loans to people with weaker credit.

Fundamentally nothing has changed in our economic and political world. In fact in an increasingly globalised world, even money printing and higher inflation can be co-ordinated. Look at Japan’s new stance on inflation. To be fair though – this is interesting

So what does it lead to?

Should you buy London Property now?

Increasing London house prices.

Will it lead to another boom?

Yes- possibly the greatest boom the world has ever seen.

Will you take advantage of that boom?

And will there be another bust at the end of it?

Yes!

If you would like to discuss the prospect of becoming a property investor, the fundamentals behind successful and profitable property ownership and access to off market London property – please contact us on 0207 562 5767 and ask for Just Us Property.

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