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Kicking the Property Ladder: Why buying a house makes less sense than renting - and how to invest the money you save in shares, gold, stamps and more by Robin Bennett

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Chapter 4. Pinstripes, Suspenders and Global Financial Meltdown

I AM OLD ENOUGH to remember (only just, mind) and to regret the demise of gentlemen in bowler hats on early mornings filing past our house in Berkshire on their way to the City. They were probably every bit as cutthroat as today’s loud-tie’d twentysomethings but there was something respectable and British about them that we could be proud of. For the last 50 years, the City of London has dealt daily with a greater volume of financial trading than Wall Street and Tokyo put together. Those peppery gents with their polished brogues and Times crosswords were actually every bit the world-beaters as their equation-toting, economy-destabilising successors.

As with any concern where ...

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