Andrew Goodwin: Who holds the reins of the targeted support bandwagon?

I came across a fantastic spot of financial advice on social media the other day. It was jaw-dropping stuff, to put it mildly.  An American gentleman in sunglasses introduced his young daughter, who was about to buy her first car. She had just been to the bank, which had given her a $15,000 loan at an interest rate of 3.5%.  How did someone of her tender age secure such a deal? And how tricky might it be for her to meet its terms? No problem! You see, she had also just ploughed $7,000 of her savings into an Airbnb property – as you do. The return on that, she declared, would cover ...