Triple Lock

[Eric Cartman]

Re: Triple Lock

In many, probably most cases, the vast bulk of that is in the property value.

Not going to be able to buy much extra food or energy without selling the house!!!

It's an interesting conundrum though because when you say to somebody with a large amount of property wealth that house prices need to come down they look at you like you are a mental commy here to steal their hard earned money, so they like to assume it as wealth in most circumstances but not when it affects their benefit payment.

It's definitely a difficult one because there will be a handful of people who fit into your category above but if you live in a house worth 500k-1mil and wouldn't be able to afford basic necessities without triple lock increase in pension then you have ****ed up somewhere.

[Elwood Blues]

Re: Triple Lock

It's an interesting conundrum though because when you say to somebody with a large amount of property wealth that house prices need to come down they look at you like you are a mental commy here to steal their hard earned money, so they like to assume it as wealth in most circumstances but not when it affects their benefit payment.

It's definitely a difficult one because there will be a handful of people who fit into your category above but if you live in a house worth 500k-1mil and wouldn't be able to afford basic necessities without triple lock increase in pension then you have ****ed up somewhere.

More than a handful I would suggest.

Even my ex council house in Llanishen means i am now worth over £300,000 on paper. in London i would be worth a million in the same sort of area. There must surely be many,many more like me.

And I worked for the Civil Service, BT and (for a short while) the health service so i get a decent pension. There must be many pensioners who get no private pension (or a poor one) for whom the triple lock is essential..

i don't think they need to have, as you put it ****ed up somewhere, just not being as fortunate as many like me have been.

9or a

[jon1959]

Re: Triple Lock

Capital rich, revenue poor has been a thing for almost a century. Although equity release has grown in recent times - which reduces the problem a bit, whilst making a new group of financial advisors very happy and wealthy themselves!

The latest twist on it is: capital rich with a big and growing charge against the property value to fund private care services.

There must be hundreds of thousands of elderly people with a small pension but a property somewhere, where the value is reducing by £35-60k per year to pay off accumulated charges by the private care sector.

It is a crazy mess of a system with government doing little but fiddling at the edges.

[Dorcus]

Re: Triple Lock

Define 'loads'

100? 200? 1000?

And does that 1 million include the value of their house?

Over 10,000 and yes

[Dorcus]

Re: Triple Lock

In many, probably most cases, the vast bulk of that is in the property value.

Not going to be able to buy much extra food or energy without selling the house!!!

In which case, sell the house and downsize....simples!!!

[+ the native hipster]

Re: Triple Lock

the politics envy

[the other bob wilson]

Re: Triple Lock

the politics envy

And on a night when there is so much to say about Cardiff City on a Cardiff City messageboard, you come on here to post that? :shrug:

[Dorcus]

Re: Triple Lock

And on a night when there is so much to say about Cardiff City on a Cardiff City messageboard, you come on here to post that? :shrug:

He's deluded and probably got oodles of cash

[Heathblue]

Re: Triple Lock

And on a night when there is so much to say about Cardiff City on a Cardiff City messageboard, you come on here to post that? :shrug:

The night has gone, are we now OK? 😀
The politics of envy, hope your enjoying the early retirement with the public sector pension and the state pension to follow 👍 I have recently been advised that my job will be gone next month, but thankfully have secured a new job, I'll carry on until 67 if I have to, workers have to part fund the public sector early retirement brigade. Divide and conquer 👍

[SLUDGE FACTORY]

Re: Triple Lock

The night has gone, are we now OK? 😀
The politics of envy, hope your enjoying the early retirement with the public sector pension and the state pension to follow 👍 I have recently been advised that my job will be gone next month, but thankfully have secured a new job, I'll carry on until 67 if I have to, workers have to part fund the public sector early retirement brigade. Divide and conquer 👍

You are one of the reasons why there is no working class solidarity these days

Thatcher would be proud

[Heathblue]

Re: Triple Lock

You are one of the reasons why there is no working class solidarity these days

Thatcher would be proud

Working class solidarity?, I've not been left a property in the Tory Heartlands you cheeky K**t
neither do i work for cash in hand, we see you. You wouldn't know what it is to be working class if it jumped up and bit you on the arse.

[+ the native hipster]

Re: Triple Lock

He's deluded and probably got oodles of cash

the politics of envy

[SLUDGE FACTORY]

Re: Triple Lock

Working class solidarity?, I've not been left a property in the Tory Heartlands you cheeky K**t
neither do i work for cash in hand, we see you. You wouldn't know what it is to be working class if it jumped up and bit you on the arse.

I don't know where you have got any of that from but it's nonsense

Any spare council houses knocking about or have you bought them all ?

[+ the native hipster]

Re: Triple Lock

I don't know where you have got any of that from but it's nonsense

Any spare council houses knocking about or have you bought them all ?

i bought them all, leased them back to the welsh government at silly money so they can house economic migrants yeaaay capitalisem

[SLUDGE FACTORY]

Re: Triple Lock

i bought them all, leased them back to the welsh government at silly money so they can house economic migrants yeaaay capitalisem

As long as you pay your taxes sonny