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    Oh yes. Property investment by councils. What could possibly go wrong? (Clue - Vince Cable is correct for once in his life on this one)

    https://www.theguardian.com/society/2017/apr/29/vince-cable-cash-strapped-councils-at-risk-credit-bubble

    naff123's time this Wednesday might be better spent asking pertinent questions on the experience of the council so far in 'property investment' before encouraging further lunacy. It's bad enough council's wasting 'other people's money' (i.e. council tax receipts) in a way they would never do with their own money, never mind about doing it on borrowed money ............

    Perhaps I'm wrong. I would like to think so. I suspect I'm not.

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