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Old 04-01-2015, 12:43   #3
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: Retired may be able to sell their pensions.

I think you're missing out on what the actual plan here is - keeping house prices high relative to incomes.

The previous wheeze had this in mind, this is just an extension of that masterplan.

---------- Post added at 12:43 ---------- Previous post was at 12:39 ----------

Quote:
Originally Posted by Escapee View Post
Perhaps it's finally the working persons chance to scrounge off the state for a change
You'd be surprised how many working people do 'scrounge off the state' as they or their household draw more in services than they pay in taxes on an ongoing basis let alone during retirement.

Pensioners have been the only demographic to see incomes rise during this government and they and near-retirees the only demographics to see home ownership rates increase.

With an ageing population, expensive housing and a constant attack on their entitlements the young probably have quite enough to deal with for now without those people who will inevitably do as you suggest.
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