The long-lasting issue of the Jewellery Quarter and Birmingham property market are laid bare as the final 2018 property transaction figures have just been published and they continue the post credit crunch trend of less people moving.
Lots of people say moving home is one of the top ten most stressful events in your life. Fortunately, there is a way to mitigate your stress.
Looking back at the 75th Anniversary of the D-Day landing a few months ago, it reminded me of the huge changes that have happened to Birmingham and more specifically the Birmingham city centre property market since WW2.
The average homeowner in the UK moves every 20.2 years… That average in the 1970’s and 80’s was around every 10 to 11 years; in the 1990’s it increased to the mid-teens (in terms of years) and in the early part of the Millennium, it dropped again to the low teens.
In 1979, more than 4 in 10 British people lived in a council house, yet today that figure is only 1 in 12, whilst according to Shelter 65% of families on the Council House waiting lists had been on those lists for more than a year and 27% had been waiting for more than five years.
The balancing act of being a Jewellery Quarter Buy To Let landlord is something many do well at.
