Should You Buy a House Now, Or Wait Until The Market Drops More?

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I’m Matt. I create content about property, finance and investing online. I love teaching people about the things that might seem simple to me, but new to others. I've spent most of my working life in product for banks and fintechs. I also run a small property development company making luxury homes. I enjoy coding on the side.

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How has the property market done in the start of 2023? Have prices gone up, is there a dip or is it crashing?I Explore how this year's property market trends compare against previous recessions and crashes to see if there's any similarities or differences from where we are today with mortgage rates, inflation and the cost of living crisis against the cost of property in the UK.


Timestamps
00:00 Comparing Previous Housing Market Crashes
01:44 What Will Happen In a Crash?
03:48 Savills Property Weather Forecast
04:08 Video Sponsor: Plum
04:53 House Price Index
05:28 Property Market Prices, Right Now
07:11 Should You Rent or Buy?
07:54 What Is 'Normal' Right Now?
08:57 GDP & The Recession
10:24 My Closing Thoughts