Property Market in the Time of Pandemic

This radio segment from "Business Breakfast" on Jazz FM presents an interview with property expert Mark von Grunhair, discussing the UK property market during the COVID-19 pandemic. The conversation highlights the challenges of virtual transactions and the government's advice to delay home moves, despite the legal implications for already exchanged contracts. While property sales have significantly slowed, prices have remained stable due to a lack of desperate sellers. The discussion also touches on potential government intervention like a stamp duty holiday and the unexpected resilience of overseas investment once the virus subsides, as seen in China's market recovery.