Keep pulling the thread on Daniel Austin.
Nick Candy's house in London was recently sold for approximately £260 million.
A house in St. John's Wood, London, recently sold for a record £40 million, which equates to £4,000 per square foot.
The UK's Renters (Reform) Bill includes a provision that a landlord can only evict a tenant if the landlord intends to sell the property.
Daniel Austin predicts that the election of a center-right government in the UK in 2029 would trigger an "unbelievable bull market" in all types of real estate.
Over the last 10 years, inflation in the United Kingdom has been 39% according to the Bank of England calculator.
House prices in Greater London have increased by 18.3% over the last 10 years, representing a significant negative return in real terms.
Over the last 20 years, inflation in the United Kingdom has been 75% according to Bank of England data.
House prices in London have increased by 120% over the last 20 years.
Daniel Austin believes that UK house price growth from 2010 to 2020 was not real growth but was instead driven by monetary stimulus.
According to Daniel Austin, UK house price growth has been non-existent or negative from 2020 to the present day.
On average, UK property located outside of London and the Southeast has lost money in real, inflation-adjusted terms over the past 20 years.
High stamp duty in the UK has made the practice of "flipping" properties unprofitable.