Quote Originally Posted by Elwood Blues View Post
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.