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I read this article by Which the other day which confirms my feelings about the local property market over the past couple of years. https://www.which.co.uk/news/2020/02/how-have-house-prices-changed-in-your-area-since-the-brexit-referendum/ I've found the market really competitive and have been outbid on more deals than I care to remember. I usually invest in Sandwell, which has seen a 20% rise on it's average house price since the referendum. I feel the current level of both sale and rental prices are unsustainable in the local area, which would mean we are at a different point in the property cycle. What does everyone else think? Is there a way to prove my theory?
