UK 21:14 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Malcolm Stacey wrote earlier about what he took from the Big Short - HERE. I took a rather different message as I explain in this podcast recorded with my father's help in Shipston.
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Comments
Andy C
Did you say Van Morrison has gone home ? Could be my speakers playing up or the tinnitus. Regards to Father.
David Russell
Property prices for landlords only effect the people with a loan,charge,mortgage against it and also interest rates affect the safe people. I own a few properties and no mortgages. The fact that property prices go down really does not affect me based on the fact they am rented at a far rent and they am peoples homes and not a cash cow for a merc owner with a big head and a maxed credit card. My mate as 10 properties and loads of debt and he will be one that will be affected from the cheap money and high property prices.He drives a 16 plate range rover on lease.He rents a flat to a family for less a month than the lease on his car. Great bearcast as always tom.
Drunken Sailor
Just bought the Mrs a new car. If I had done what I was going to and pay cash for it I would not have got a £1500 contribution towards the deposit buying on finance – which is at just 3.5% APR. I will make the first finance payment then pay the whole loan off because I have the money. Why are car companies incentivising people to buy on credit whilst not incentivising people to pay for the thing on delivery? The salesman admitted it was completely crazy but his commission is unaffected by the extra £1500 I have got off on what was already a good discount and part exchange deal.
Striebs
Consumption by pensioners has also been brought forward and will contribute to the gaping hole a few years down the road .
People have been forced to cut back on pensions saving in order to give it to the banks in the form of mortgage interest , either directly or via landlords .
The TUC claim that 8 out of 10 private sector workers are reaching retirement age with less than £30,000 in savings including pension !
I am surprised that HM Govt has not yet completed the virtue-less circle by instigating a state operated equity release scheme .
Tom , when the brown stuff hits the proverbial , do you think HM Govt will throw over extended house buyers to the wolves or will they bail them out with public money ?