The U.K. Housing Market Is Literally Seizing Up.

#realestate #property #mortgage #interestrates

Today I spoke with Clive Thompson a retired wealth manager based in Switzerland but originally from the UK.

We covered the big news of the week which was the US downgrade by Fitch but the major focus of our interview was the UK housing market.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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Video Chapters:

00:00 Introduction
00:43 A look at the US Credit downgrade
05:15 Bond crisis upcoming?
08:00 Clive's take on the bond market
10:36 UK Housing market and what Clive is seeing
37:02 What can people do to protect their finances and get on the housing ladder?