859 days ago
What is a process issue when it is at home? It seems that Purplebricks (PURP) has discovered one in its lettings business which apparently has been going on for years. It refers to tenants and the deposits they must leave with landlords. The company says that “the communications process is now being corrected.” It also says that there is a financial risk.
1406 days ago
I have an announcement. Please keep July 18 free. All is explained in this podcast. Then I discuss the fraud Wirecard and the cult of the “star fund manager.” It seems that only 20% of shops will pay their rent on June 30th? Are the 20% mad? Why would anyone pay. I look at what this all means for the three parties at play: retailers, landords and banks.
2199 days ago
I sometimes read the Guardian just to bring you delights on how the liberal left really think without you having to suffer the pain of reading this humourless left wing bilge. Readers I do a lot for you. Below is an effort from Rhik Samadder "Landlords are social parasites. They’re the last people we should be honouring". I reprint his words of poison, malice and fake fact devoid news with my comments in bold.
2447 days ago
Okay I have called the top before but the house price crash is underway. I explain why and it involves cutting off the supply of dodgy foreign buyers in London, changes in Buy to Let Tax and new costs for landlords, it involves external shocks and an over-borrowed British consumer. It is already underway and this crash will be brutal. I look at what to invest in and what to short. I do a short section on Purplebricks (PURP) which is one of THE top stocks to short in the UK.
