Would you invest in sneakers or the new space race?
This is Money Podcast
This is Money
4.4 • 734 Ratings
🗓️ 18 June 2021
⏱️ 52 minutes
🧾️ Download transcript
Summary
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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
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Transcript
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| 0:00.0 | Welcome to This Is Money Podcast. I'm Georgie Frost and alongside me and editor Simon Lambert. Today is consumer expert Grace Gorsden. |
| 0:06.9 | And coming up, Grace has been to sniff out eBay's new trainer authentication centre, but will it stop the flood of fakes to the market as sales boom? |
| 0:16.8 | Simon takes aim at the smart people who choose to inflate house prices. We ask if Prime Day is better than Black Friday, or are they both a load of rubbish? |
| 0:24.9 | Are confidence driving courses worth the money? |
| 0:28.3 | What are the best value vehicles for young people to get cover? |
| 0:31.6 | And move over crypto is space tech, the new cool investment kid in town. |
| 0:37.1 | Don't be getting to step to date with all the latest breaking money news just to go to this ismoney.co. |
| 0:41.3 | UK or download the app. |
| 0:43.3 | But first, I'll be honest with you, Grace. |
| 0:46.3 | I'm not really a shoe person, but I understand there are a lot of people who are, especially trainers, |
| 0:53.3 | if you take a look at Instagram, |
| 0:55.8 | and not cheap ones either. Some people are even viewing them as investment pieces, |
| 1:01.0 | but as with anything popular when it comes to money, in comes the scammers and trainer fraud is big. |
| 1:07.9 | So eBay have opened its first authentication centre. It's in London. It focuses on |
| 1:13.8 | high value shoes and our Grace went to visit it. Grace, just first and foremost, set out the problem |
| 1:21.0 | that eBay is looking to fix. If you're like me and you just think, you know, 60 whatever quid on a pair of trainers, do the job, |
| 1:29.7 | you know, is it such a big deal? Well, they are focusing primarily on what they call sneakers. |
| 1:36.1 | And I say sneakers, not to be difficult, but I have been informed that if you are someone who is |
| 1:41.5 | very interested in high value, what we would call trainers, |
| 1:45.2 | even in the UK, they call them sneakers. |
| 1:47.8 | And these people are really, really invested in what they do, what they buy, |
| 1:54.6 | and basically the whole sneaker culture. |
... |
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