Quote:
Originally Posted by martyh
There are already quite a few people who upon reaching retirement do actually downsize already ,they sell the big 1940's detached house or whatever and buy a 2 bed bungalow using any excess cash to add to the pension fund ,most people will do that as a matter of course
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It's still half the rate it is elsewhere, clearly there's something stopping them, the tax system is at least part of it.