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A Wealthy Life


Feb 27, 2025

Tune in as we take a provocative look at the realities of private landlordship with Russell Quirk, a seasoned expert in the property industry.

 

We challenge the often negative stereotypes of landlords portrayed in the media and explore the crucial role they play in the housing sector.

 

Discover how private landlords help fill the gap created by the shortage of affordable housing and the decline in homeownership rates.

 

Russell shares insights into the real experiences of being a landlord, highlighting their empathy and contribution to providing housing solutions.

 

We explore the factors driving UK house prices and question whether housing is truly unaffordable. We examine the lack of supply in relation to demand from a growing population and consider the impact of interest rates on affordability calculations.

 

Cultural influences, including the pressures of social media to project success through homeownership, also play a role. This chapter provides valuable insights into how these elements interact, shaping both the housing market and individuals' perceptions of affordability.

 

Reflect on the impact of materialism on millennials and how shifting perceptions of luxury and necessity influence spending habits and expectations.

 

We discuss the decline in the durability of consumer goods and the resulting pressure to purchase new items, drawing parallels to challenges in the housing market.

 

As we conclude, consider whether it's easier for first-time buyers to purchase property today compared to decades ago, encouraging critical thinking about the effectiveness of governmental decisions in serving the long-term needs of the country.

 

Subscribe and make sure to join us for part two

  

--------- EPISODE HIGHLIGHTS ---------

 

(0:00:09) - The Realities of Private Landlordship

(0:12:57) - Factors Driving UK House Prices

(0:27:54) - The Impact of Materialism on Millennials

(0:38:15) - The Impact of Consumerism on Housing

(0:45:24) - The Future of Property Ownership

 

To watch this episode on YouTube:

https://youtu.be/RDcW7L88VHI

 

Connect with Russell: linkedin.com/in/russell-quirk

Website: https://properpr.co.uk/

  

Connect with Vicki:

https://linktr.ee/vickiwusche

 

Visit my website to learn more

https://vickiwusche.com

 

Booking calendar - https://calendly.com/vickiwusche 

 

Access the free resources: https://vickiwusche.com/resources/

 

Has this podcast started you thinking about what A Wealthy Life might look and feel like for you?

 

Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast?

 

https://scorecard.vickiwusche.com/

 

The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.

 

Browse Books by Vicki:

Using Other People’s Money: How to invest in property 4th edition 

Make More Money from Property: From investor thinking to a business mindset 2nd Edition 

Property for the Next Generation: Securing your future in uncertain times 2nd Edition 

The New Estate: Insights from the 22nd century 

The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style 

 

Or read the following Ebooks on VickiWusche.com: 

9 Critical Property Principles 

The De-Job Yourself Manual: Break your reliance on a monthly wage 

The Values Manual: Understand what your values are and how they can be key to a successful business  

The Goal Setting Manual: Create meaningful and practical goals then achieve them