TPP309: Inflation: The hidden force that will build – or destroy – your wealth
Rob & Rob are back this week with part 2 of ‘Fundamentals February’ and this week they’re discussing the crucial topic of inflation.
The Robs have talked about inflation in the past, but it’s still a topic that gets overlooked regularly. Today they’re going to prove why inflation is one of the most important parts of the property process.
In this week’s episode The Robs discuss:
- What is inflation?
- How does it work?
- How can it affect you?
Ultimately, inflation can either make you very rich if you adapt with it, or, if you choose to do nothing, it could break you. Year-to-year you barely notice, but over time it’s huge!
So, now you might be thinking:
- Why does it happen?
- What does it mean for you?
Tune in and all will be revealed. You’ll want a pen and paper to hand for this one.
In the news this week, the government have been a busy lot! We’ve got a triple whammy of announcements:
- Electrical checks are now mandatory every 5 years
- Landlords now have to be a part of a redress scheme
- Only 1 in 10 landlords have their property fully managed
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