Triple Lock

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Originally Posted by Elwood Blues

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!!!

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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.

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Originally Posted by Eric Cartman

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.

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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

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.

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Originally Posted by Elwood Blues

Define 'loads'

100? 200? 1000?

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

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Over 10,000 and yes

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Originally Posted by Elwood Blues

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!!!

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

the politics envy

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Originally Posted by + the native hipster

the politics envy

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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:

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Originally Posted by the other bob wilson

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:

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He's deluded and probably got oodles of cash

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Originally Posted by the other bob wilson

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:

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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 👍

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Originally Posted by Heathblue

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 👍

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

Thatcher would be proud

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Originally Posted by SLUDGE FACTORY

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

Thatcher would be proud

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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.

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Originally Posted by Dorcus

He's deluded and probably got oodles of cash

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the politics of envy

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Originally Posted by Heathblue

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.

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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 ?

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Originally Posted by SLUDGE FACTORY

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 ?

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

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Originally Posted by + the native hipster

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

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As long as you pay your taxes sonny

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Originally Posted by + the native hipster

the politics of envy

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more like the politics of jealousy methinks

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Originally Posted by SLUDGE FACTORY

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 ?

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How was university quaffing salmon and drinking pimms ?, socialist my arse. Being virtuos on a MB is the closest you've ever been to a working class background. We see you.

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Originally Posted by Heathblue

How was university quaffing salmon and drinking pimms ?, socialist my arse. Being virtuos on a MB is the closest you've ever been to a working class background. We see you.

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What's this we see you nonsense ? You better explain that sonny

It's no good you having a go at people for concern about the triple lock and the obvious political reasons for it being in place when personally benefitting from public money via the state for council house sales subsidy

Behave yourself

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Originally Posted by Dorcus

more like the politics of jealousy methinks

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Politics of penis envy

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Originally Posted by SLUDGE FACTORY

As long as you pay your taxes sonny

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of course i do ,my taxes help keep the poor healthy ,and i don't want unhealthy servants.

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Originally Posted by SLUDGE FACTORY

What's this we see you nonsense ? You better explain that sonny

It's no good you having a go at people for concern about the triple lock and the obvious political reasons for it being in place when personally benefitting from public money via the state for council house sales subsidy

Behave yourself

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I've never bought a council house, neither have i received any money from a council house, I own the house I live in via paying a mortgage for 25 years. after previously mortgaging our previous house for 7 years. Therefore we have had a mortgage for 32 years, up yours. AND STILL WORKING as is my Doris. Double up yours.

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Originally Posted by Heathblue

I've never bought a council house, neither have i received any money from a council house, I own the house I live in via paying a mortgage for 25 years. after previously mortgaging our previous house for 7 years. Therefore we have had a mortgage for 32 years, up yours. AND STILL WORKING as is my Doris. Double up yours.

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That's all very romantic

What's all this cash in hand bollocks ?

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Originally Posted by + the native hipster

of course i do ,my taxes help keep the poor healthy ,and i don't want unhealthy servants.

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I want universities closed down

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Originally Posted by SLUDGE FACTORY

I want universities closed down

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That's ridiculous. What would you expect ginger people to do once they have finished their A levels?

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Originally Posted by Alan Lung

That's ridiculous. What would you expect ginger people to do once they have finished their A levels?

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Nicole Kidman is Ginger