Renting property now cheaper than buying in half of UK cities | The Independent

English: Company logo for UK property website ...

English: Company logo for UK property website Zoopla.co.uk (Photo credit: Wikipedia)

Here’s an important article from the UK’s Independent. It reports that renting a property is now cheaper than buying in over half of British cities, according to new data, suggesting that house prices may be approaching a peak. Property website Zoopla analysed the monthly cost of renting a two-bedroomed home, compared to servicing a mortgage, in the country’s 50 largest cities.

Renting property now cheaper than buying in half of UK cities | The Independent

It’s not surprising that property owners are wary – the economic impact of Brexit is finally dawning on on the elderly voters who were swayed towards voting for Brexit. But the news gets worse by the week. Many property owners took exception to the proposed ‘Dementia Tax’. Now they’re scared of a Corbyn led coalition.

For me, the choice between May and Corbyn is a false choice. As I argued in an earlier blog:

Corbyn’s Britain will be a toxic meltdown but surely May’s will precipitate an economic, social and political  train-crash? Bring on Britain’s Macron!

Thoughts?

 

As Technology Gets Better, Will Society Get Worse? – The New Yorker

The New Yorker

The New Yorker (Photo credit: Wikipedia)

This is a thoughtful read from the New Yorker. It reminds us that the problem with technological evolution is that it is under our control, and we don’t always make the best decisions.

As Technology Gets Better, Will Society Get Worse? – The New Yorker

It’s important to remember that technology is an enabler but not normally strategic.

Remember, when technology and its sponsors lead, the cards will eventually come crashing down.

For much of my career, I specialized in delivering radical change, often with Best of Breed or Best Practice technology solutions. Time and time again, I saw directors support big technology programs and eventually they impaled their careers. A large part of the problem emanates from unscrupulous consultants sell false promises.

Be a technology realist, like me.

Thoughts?