ASK293: Has the creator of the 18 Year Cycle predicted a crash next year? PLUS: How long do I need to wait before remortgaging?
Rob & Rob are back again this week and are discussing one of their favourite topics, the 18-year property cycle.
And the person asking the 18-year property cycle question is Ali from London.
At the beginning of June, Ali saw an article on This is Money where he believed the creator of the 18-year property cycle was implying that the market couldn’t continue with this boom phase and that it would be likely that next year there would be a market crash.
Normally Ali would ignore these rumour-type headlines but given that it was the creator of the 18-year property cycle making these claims, he wanted to get The Robs’ thoughts on it.
Our second question comes from Mike.
He wants to know, if he were to purchase a buy-to-let property and didn’t do anything with it, didn’t refurb it or add any value to it, how long would he have to wait before being able to pull his money back out?
He knows that it’s a case of just letting the cycle do its thing and hoping for capital growth to have an effect, but he’d like to know roughly how long he’d be waiting for.
Tune in to find out what they say.
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