Property as an inflation hedge? Maybe not...
"To predict what will happen to property prices, look at the amount of leverage," says Charlie Ellingworth, founder of buying agency Property Vision, as he warns that "residential property is not going to be the inflation protection that everyone expects."
Charlie Ellingworth started acquisition firm Property Vision over thirty years ago. He is on the board of the Cadogan Estate and a trustee there, as well as a director of other smaller property companies. He writes novels, plays and regular articles for the FT and other magazines.
Charlie Ellingworth on the prospects for property in a changing economic climate
Over the last thirty odd years the general direction of property of all sorts has been up, but we could be heading into a different world that may not be so benign, writes Property Vision co-founder Charlie…
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
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