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In this week's episode of the Property Investors Podcast, Russell and Anna Leeds discuss the growing issue of empty homes in England and why they aren't being used to alleviate the housing crisis. They explore the statistics reported by the BBC, which reveal there are 720,000 empty homes in England, with more than 250,000 of them being long-term vacant. They deliberate on why these homes are left derelict and the potential strategies for utilizing these properties. The discussion includes government policies, potential penalties for derelict properties, and the incentive structures needed to encourage property redevelopment. Additionally, they touch upon the rumors of a new property tax on homes worth over £500,000 and its implications. Finally, the hosts provide insights into how property entrepreneurs can profit while contributing to solving the housing crisis.



Time Stamps

00:00 Introduction and Rising Empty Homes

00:48 Exploring Derelict Properties

02:13 Government's Role and Housing Crisis

02:49 Profit from Derelict Properties

06:27 Challenges and Solutions

08:33 Stamp Duty and Empty Homes

10:59 Regional Differences in Empty Homes

13:08 Penalties for Derelict Homes

15:37 Government Initiatives for Derelict Properties

15:57 Proposed Solutions for Property Entrepreneurs

18:16 Challenges in Property Refurbishment

19:51 Debate on Government Intervention

23:32 New Property Tax Rumors

25:12 Impact of Property Tax on Homeowners

28:29 Public Reactions and Comments

31:00 Conclusion and Final Thoughts



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