Insights & Speculations on the Global Housing Market with Liam Bailey

Liam Bailey is the global head of research at Knight Frank, based in London. Liam runs a team providing insight on the world's key property markets. Listen in! Key Highlights: [00:01 - 15:41] Housing Market Still Supported Despite Pandemic Why homeowners should be positive about the longer-term outcome of the marketHouseholds have built up a lot of money, which can be used in the housing marketThe US housing market has been more affordable since the global financial crisis [15:42 - 23:14] The Future of Work: Uncertain, but Cities Will Remain a Vital Hub The future of cities is positive, with their role as incubators of growth and innovationThere is a real commitment from people to having fun after the pandemicThe future of the work/city relationships is a challenge for employers [23:15 - 47:36] Luxury Home Markets Recovering Despite Lockdowns The luxury home market on pandemic-related flight restrictions and lockdownsCross-border investment is still strong - changes in Southeast Asian marketsThe global macro investment market sees real value in sustainable development [47:37 - 48:53] Closing Segment Visit https://www.knightfrank.com/research for more insights! Key Quotes: “The pandemic has certainly made people rethink, you know, their jobs, employment, what they're prioritizing, and property. Their home is a really big central part of that with that… And it led to, you know, all these record levels of transactions in many markets, Europe, North America, even parts of Asia.” - Liam Bailey “If you are a homeowner, and you're concerned about the value of your home, I think there are reasons why you should be positive about the longer-term outcome because there are a number of things still in the market that are supporting prices, the levels they've reached. So, for example, supply is not an issue right now.” - Liam Bailey Connect with Liam:Linkedin: https://www.linkedin.com/in/liam-bailey-1264b720/?originalSubdomain=uk  Website: https://www.knightfrank.com/research Connect with me on LinkedIn!LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.