How Will The RECESSION Affect Property Investors? - Samuel Leeds

How Will The RECESSION Affect Property Investors? – Samuel Leeds

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The UK economy suffered its biggest slump on record between April and June as coronavirus lockdown measures pushed the country officially into recession.

The economy shrank 20.4% compared with the first three months of the year.

Household spending plunged as shops were ordered to close, while factory and construction output also fell.

This pushed the UK into its first technical recession – defined as two consecutive quarters of economic decline – since 2009.

In this video, Samuel Leeds talks about exactly how this will effect property investors.