Episode 225. Where Next for the Property Market? In this episode I address a pressing question around the future of the property market, particularly in light of recent price increases that have surpassed the 2007 peak. I cover the fundamental economic principles of supply and demand, emphasising the distinction between necessity-driven demand and speculation. Reflecting on the lessons learned from the 2008 market collapse, highlighting how speculation led to a significant downturn. My arguemernt is that the current market is primarily driven by necessity, as the need for housing remains critical amidst rising prices and insufficient supply. The discussion also touches on the impact of interest rates and government interventions on the housing market, concluding with predictions about future trends and potential changes in the market landscape.  I hope you enjoy. *** Curious about my Accelerator?👇🏼 https://epa-application.scoreapp.com/  Join my free Newsletter👇🏼 https://gavinjgallagher.ck.page/newsletter  Buy me a Coffee👇🏼 buymeacoffee.com/gavinjgallagher  *** Takeaways Significant concerns exist about future prices. Difference between necessity-driven demand and speculative demand is crucial. The 2007 market collapse was largely driven by rampant speculation. Current demand for housing is fundamentally driven by necessity. Interest rates have a reverse correlation with property prices. Government interventions can complicate market dynamics and affect supply. The construction of new homes is not keeping pace with population growth. Rents are likely to continue rising due to limited supply. The market is difficult to repair due to various economic pressures. Future predictions for the property market remain uncertain but lean towards continued price increases. *** Follow me on social media👇🏼 LinkedIn: https://www.linkedin.com/in/gavinjgallagher/ Instagram: https://www.instagram.com/gavinjgallagher/ TikTok: https://www.tiktok.com/@gavinjgallagher/ YouTube: https://www.youtube.com/@GavinJGallagher  *** #investment #realestateinvesting #propertyinvestment