Quote Originally Posted by dml1954 View Post
Sounds like the politics of envy there to me. Plus, just because you are living in a house worth over £500000 doesn’t mean you are rich. There are two or three bed semis in Cardiff worth that. Plus again that most pensioners have worked hard all their life, paid their taxes and National Insurance, and spent/saved their money prudently, so why should they have their property snatched off them later in life.
You could also take the view that if you have plenty of savings why should the state fund your every need so that you can pass on your wealth to your kids.