It’s hard to anticipate either in this graph. Bar a blip during the financial crisis, the last time the five-year gilt yield outpaced rental yields was the early 1990s. As interest yields fell, the buy-to-let boom took off. True, a recession and/or lower inflation bringing interest ra...
Second, using the median rather than mean shows a strange result where apparently the ‘average’ 37 year old has £0 property wealth, whilst really all that shows us is that the middle person doesn’t have a house. Which is not *necessarily* an issue, and it could also hide that the...
We're back to living-room carpets and evil-doing droids. Of course, the robots at Glasgow's Turing Institute weren't working. Some "reconfigurations of parameters" had turned their micro-mice and biped walkers into useless benchwork. I'd visited the Institute (named after the father of co...