Merryn Somerset Webb reveals she was once bullish on UK house prices
Yes, believe it or not, there was actually a time when Merryn Somerset Webb was bullish on UK house prices.
Knowing the endless appetite we all have for house price-related stories, I thought some of you might be interested in this. MoneyWeek editor-in-chief Merryn Somerset Webb has been interviewed by London house price blog, The Rat and Mouse.
Merryn reminisces on the days when she was actually bullish on UK property (!), looks at what drives the British obsession with houses, and talks about how her own recent property purchase is likely to be "the worst financial decision I have ever made."
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John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.
He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.
His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.
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