Podcast Summary
Rob and his team's 2021 predictions and new podcast: Robby and his team share their top city picks, predictions for London, stock market, Olympics, and launch a new podcast. Stay tuned for updates.
Robby and his team are starting the new year with their predictions for 2021, including their top picks for cities, the fate of London, the stock market, and the Olympics. They also announced the launch of a brand new podcast with exciting details to be revealed next week. Despite the uncertainty of making predictions, they will continue to do so and share their insights on various topics. Robby boasted about his successful predictions last year, naming four out of the top five growing cities. He then passed the baton to Rob, who picked three cities he believes will make it to the top five. The team encouraged listeners to stay tuned to their YouTube channel, Property Hub UK, for exclusive updates and announcements about the new podcast.
Top Performing Cities in UK Real Estate for 2021: Liverpool, Nottingham, and Leeds: Liverpool, Nottingham, and Leeds are predicted to be the top performing cities in UK real estate market for 2021 due to their strong past performance and room for growth. Edinburgh and Leicester may have peaked, while London is predicted to end up in bottom 5 due to coronavirus impact and people moving out.
The speakers are making predictions for the top performing cities in the UK real estate market for 2021. They agree that Liverpool, Nottingham, and Leeds are safe bets due to their strong performance in the previous years and the belief that their growth trends have more room to develop. Edinburgh and Leicester, which had previously shown strong growth, are mentioned as potential cities that may have peaked. London, which has been a mixed bag in past predictions, is predicted to end up in the bottom 5 due to the impact of the coronavirus and people moving out of the city. However, the speakers remain long-term positive on London's status as an economic powerhouse and popular place to live. Despite the risks involved in making real estate predictions, the speakers express confidence in their choices.
UK Economy to Grow Over 4% Despite Challenges: The UK economy is expected to grow by over 4% due to quantitative easing and government stimulus measures, but the timing is uncertain due to pandemic fallout and potential job losses.
Despite the challenges of the current year, the speaker is optimistic about the UK economy experiencing growth of over 4%, driven by the impact of quantitative easing and government stimulus measures. However, the timing of this growth is uncertain due to economic fallout from the pandemic, potential job losses, and the uncertainty around when normalcy will return. The speaker acknowledges that this prediction may seem bold given other predictions of economic decline, but believes that ultimately, the UK will experience a boom rather than a crash.
Bullish predictions for the economy and property market: Expectations of a 2% price increase, potential QE round, and extension/replacement of stamp duty holiday as major stimuli for the economy and property market, with base rates predicted to remain at 0.1%
Despite economic uncertainties, several bullish predictions have been made for the year ahead, including a 2% increase in prices and another round of Quantitative Easing (QE). Rob, who has a good track record in predicting base rates, believes the base rate will remain at 0.1% and it's unlikely for rates to go negative this year. A possible extension or replacement of the stamp duty holiday with another form of major stimulus to the property market is also predicted, as the government may not want to end the positive trend in property prices. While these predictions involve some level of risk, they reflect a generally optimistic outlook for the economy. The discussion also touched upon stock market predictions, which will be explored in the fun predictions segment.
FTSE 100 and Bitcoin Predictions for 2021: The FTSE 100 is predicted to end the year higher due to market stimulus, but the pound's impact is a concern. Bitcoin's surge to nearly $20,000 has some seeing a bubble, but its direction in 2021 remains uncertain.
The speakers are discussing their predictions for the FTSE 100 and Bitcoin in 2021. The FTSE 100, currently at 6,560, is expected to end the year higher due to stimulus in the market, despite the speaker's concerns about the pound's impact on the FTSE's performance. Regarding Bitcoin, the speaker recalled a past prediction where they correctly anticipated a crash due to widespread media attention and hype. With Bitcoin's recent surge in value, reaching nearly $20,000, some may argue that it's another bubble and due for a crash. However, the speakers expressed uncertainty about Bitcoin's direction in 2021. Overall, the speakers acknowledge the risks and uncertainties in the economy and financial markets but remain optimistic about the potential for growth.
Institutional Investors Fueling Bitcoin's Price Surge: Bitcoin's price surge might not be due to individual speculators, but rather institutional investors seeking alternatives to traditional currencies and assets, potentially reaching £15,000 by end of 2021.
The recent surge in Bitcoin's price may not be driven by individual speculators, but rather by institutions and investors seeking an alternative to traditional currencies and assets. Rob, a guest on the podcast, expressed his belief that Bitcoin will continue to rise, reaching above £15,000 by the end of 2021. He attributed this trend to increased institutional involvement and a growing distrust in government responses to economic instability. Despite his own hesitation due to Bitcoin's volatility, he acknowledged the potential appeal for more risk-tolerant investors. The conversation also touched on the potential impact of the postponed Olympics on sports betting predictions. Overall, the discussion highlighted the uncertainty and unpredictability of both the Bitcoin market and the global economic landscape.
Speakers predict a watered-down return to normalcy in 2021: Listeners encouraged to share success stories and subscribe to YouTube channel for additional content. Speakers offer self-improvement advice and emphasize the importance of subscribing for upcoming projects and increased video content.
The speakers are optimistic about a return to normalcy in 2021, but predict a watered-down version of pre-pandemic life. They also encourage listeners to share their success stories and subscribe to their YouTube channel for additional content. The speakers' enthusiasm and self-improvement advice make the podcast worth listening to, even if one isn't interested in property. The Property Hub email and YouTube channel offer extra resources for those seeking more information. The Hub Extra segment emphasizes the importance of subscribing to the YouTube channel for upcoming podcast projects and increased video content.
New YouTube channel and Ask Rob and Rob return: Listeners can look forward to a new YouTube channel, the return of Ask Rob and Rob, and the latest property updates on the podcast.
There are exciting changes coming up in the next 7 days, including the launch of a new YouTube channel and the return of Ask Rob and Rob. Listeners are encouraged to stay tuned to the property podcast for more information and to catch the next episode of Ask Rob and Rob for two new listener questions and the monthly market update. The hosts are thrilled to be back for another year of the podcast and invite everyone to join them for these upcoming episodes. So, keep an eye out for the new YouTube channel, listen to the property podcast, and join the conversation on Ask Rob and Rob. Stay engaged and informed in the world of property!