Real-life Monopoly – The important property lessons you can learn 

Besides revealing which family members are sore losers and causing fights, Monopoly has some seriously important lessons about personal finance and investing. 

But can these be applied to real life? 

In this episode of The Property Podcast, Rob & Rob share the important lessons you can apply to your property investments. 

For further learning on buy-to-let mortgages check out this video. 

In the news 

We’ve got two news stories for you this week. 

The first one shares research from Halifax that shows that the average home in the UK now costs 8.1 times the average earnings, suggesting that property affordability has hit a 10-year low. 

But are houses actually less affordable? 

Which? has revealed this five-year mortgage with rates that have dropped below 1%. So, once you’ve overcome the hurdle of saving up your deposit, property can still be pretty affordable. 

Hub Extra 

We’re spoiling you this week as we’ve got three Hub Extra recommendations heading your way. 

The first one is of course, Monopoly the game. If you’ve not played it before, it’s about time you get your hands on a set and give it a go. 

But if like most people, you’ve played Monopoly more times than you can count and you’re up for a challenge Robert Kiyosaki’s version – Cash Flow may be the game for you. 

If you’d rather avoid the family fallout, then make sure you give this podcast episode by Business Wars a listen. 

Business Wars covers all the key battles in business, sharing the stories behind the companies that have shaped what we buy and how we live. Give Monopoly: Winner Takes All a listen to hear the story behind the family classic that was created over 100 years ago. 

Let’s get social 

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. 

Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. 

Real-life Monopoly &ndash; The important property lessons you can learn&nbsp;
Besides revealing which family members are sore losers and causing fights, Monopoly has&nbsp;some seriously important lessons about&nbsp;personal finance and investing.&nbsp;
But can these be applied to real life?&nbsp;
In this episode&nbsp;of The Property Podcast,&nbsp;Rob &amp; Rob&nbsp;share&nbsp;the important lessons you can apply to your property investments.&nbsp;
For further learning on buy-to-let mortgages check out&nbsp;<a href="https://www.youtube.com/watch?v=xudbDIJTRpQ">this video.</a>&nbsp;
In the news&nbsp;
We&rsquo;ve got two news stories for you this week.&nbsp;
The first one shares research from Halifax that shows&nbsp;that the&nbsp;average home in the UK now costs 8.1&nbsp;times&nbsp;the&nbsp;average earnings, suggesting that property&nbsp;<a href="https://www.cityam.com/affordability-in-uk-housing-market-plunges-to-10-year-low/">affordability has hit a&nbsp;10-year low.</a>&nbsp;
But are houses&nbsp;actually less&nbsp;affordable?&nbsp;
Which? has revealed this&nbsp;<a href="https://www.which.co.uk/news/2021/08/five-year-mortgage-rates-drop-below-1-is-now-the-time-to-fix-for-longer/">five-year mortgage with&nbsp;rates&nbsp;that&nbsp;have dropped below 1%.</a>&nbsp;So,&nbsp;once you&rsquo;ve&nbsp;overcome the hurdle of saving up your deposit,&nbsp;property&nbsp;can still be&nbsp;pretty affordable.&nbsp;
Hub Extra&nbsp;
We&rsquo;re spoiling you this week as we&rsquo;ve got&nbsp;three Hub Extra&nbsp;recommendations&nbsp;heading your way.&nbsp;
The first one is of course,&nbsp;<a href="https://www.amazon.co.uk/dp/B073FTR5VV/ref=redir_mobile_desktop?_encoding=UTF8&amp;aaxitk=a816f39c6e4aa1c1c3be9c8295df85f6&amp;hsa_cr_id=5206092320302&amp;pd_rd_plhdr=t&amp;pd_rd_r=31564c29-3722-4a94-8dd7-1d6d6411916c&amp;pd_rd_w=8MH9U&amp;pd_rd_wg=Ij2zu&amp;ref_=sbx_be_s_sparkle_mcd_asin_0_bkgd">Monopoly</a>&nbsp;the game. If you&rsquo;ve not played it before, it&rsquo;s about time you get your hands on&nbsp;a set&nbsp;and give it a go.&nbsp;
But if like most people, you&rsquo;ve played Monopoly more times than you can count and you&rsquo;re up for a challenge&nbsp;<a href="https://store.richdad.com/products/cashflow-board-game">Robert Kiyosaki&rsquo;s version &ndash; Cash Flow</a>&nbsp;may be the game for you.&nbsp;
If you&rsquo;d rather avoid the family fallout, then make sure you give&nbsp;<a href="https://podcasts.apple.com/gb/podcast/business-battles-monopoly-winner-takes-all/id1335814741?i=1000474442111">this podcast episode by Business Wars</a>&nbsp;a listen.&nbsp;
Business Wars covers all the key&nbsp;battles&nbsp;in business, sharing the stories behind the&nbsp;companies&nbsp;that&nbsp;have&nbsp;shaped&nbsp;what we buy and how we live.&nbsp;Give&nbsp;<a href="https://podcasts.apple.com/gb/podcast/business-wars/id1335814741?i=1000474442111">Monopoly: Winner Takes All</a>&nbsp;a listen to hear&nbsp;the&nbsp;story behind the&nbsp;family classic that was created over 100 years ago.&nbsp;
Let&rsquo;s get social&nbsp;
We&rsquo;d love to hear what you think of this week&rsquo;s Property Podcast over on&nbsp;<a href="https://www.facebook.com/propertyhubuk/">Facebook</a>,&nbsp;<a href="https://twitter.com/PropertyHubUK">Twitter&nbsp;</a>or&nbsp;<a href="https://www.instagram.com/propertyhubuk/">Instagram</a>. You might even have a topic you&rsquo;d like us to cover in the future - if so, pop us a message on social and we&rsquo;ll see what we can do.&nbsp;
Make sure you&rsquo;ve liked and subscribed to&nbsp;our&nbsp;<a href="https://www.youtube.com/PropertyHubUK">YouTube channel</a>&nbsp;where we upload new content every week!&nbsp;&nbsp;
If that wasn&rsquo;t enough, you can also join our friendly property community&nbsp;on the&nbsp;<a href="https://propertyhub.net/forum/">Property Hub forum</a>.&nbsp;

The Property Podcast from Property Hub (propertyhub.net) is the podcast for all property investors – new or experienced. Rob Bence and Rob Dix discuss a different property topic and property news item each week, passing on their knowledge and experience to the listeners. They both invest in UK Property so they practise what they preach. No hard sell, no bull just straight talking property investment advice!

A UK podcast for new or experienced property investors

The Property Podcast

Rob & Rob advise a multi-million pound property fund, and have put together more than a thousand deals over the last decade. The Property Podcast is the show where they share their knowledge with you, for free!

Tune in every Thursday to hear them cover the latest news and hottest topics in UK property investment – and get your own questions answered on the special weekly “Ask Rob & Rob” show.

Rob &amp; Rob advise a multi-million pound property fund, and have put together more than a thousand deals over the last decade. The Property Podcast is the show where they share their knowledge with you, for free!
Tune in every Thursday to hear them cover the latest news and hottest topics in UK property investment &ndash; and get your own questions answered on the special weekly &ldquo;Ask Rob &amp; Rob&rdquo; show.