PESTLE- Politics and property
As many of you know, I am a Business and Economics and teacher by day. As part of the A-level course, we cover ‘External Factors’, which nicely fits into the acronym PESTLE… Political, Economic, Social, Technology, Legal, Ethics (depending whose version of PESTLE you look at!) As I was teaching this I realised how well it fitted into property and particularly at this current time.
I have been thinking about writing a blog on politics and property for a while; it’s been difficult to avoid politics in the last few weeks/ months. I am not going to go into what each party can do for us as property investors, and seeing as the Conservatives got the majority vote, there isn’t much of a discussion to have.
As a property investor, I always revert back to three principles:
- Control what you can control
- Invest for the long term
- Time in the market is better than timing the market
If you would like to read more of this blog, please visit my blog post on PESTLE- Politics and property.
Like to find out more about investing? Why not check out my new book, ‘Money lessons left at the school gate’, available on Kindle.
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