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Topic History of: 1.5 million have second homes
Max. showing the last 5 posts - (Last post first)

Author	Message
In The Know	Hedda's Housing wrote: ??? didn't quite follow that. surely housing subsidy goes to landlords. Not always - sometimes paid to tenants (and they foolishly expect them to pass it on to landlords !!!) DOH !
Hedda's Housing	In The Know wrote: Hedda wrote: Indeed ..this is understandable. Doesn't bode well for your Super Fund though if all that rent subsidy suddenly vanishes. It doesn't "vanish" - its exactly where it always was. We simply dont hand it over to people to use to buy scratchcards with, that all. ??? didn't quite follow that. surely housing subsidy goes to landlords.
In The Know	Hedda wrote: Indeed ..this is understandable. Doesn't bode well for your Super Fund though if all that rent subsidy suddenly vanishes. It doesn't "vanish" - its exactly where it always was. We simply dont hand it over to people to use to buy scratchcards with, that all.
Hedda	Foz wrote: Doesn't surprise me. Over the last 10-15 years lot of people have bought second (or even third or fourth homes) using their pension pots. This was certainly more prevalent after the Equitable Life scandal when trust in pensions started to dwindle. Indeed ..this is understandable. Doesn't bode well for your Super Fund though if all that rent subsidy suddenly vanishes.
In The Know	Foz wrote: Doesn't surprise me. Over the last 10-15 years lot of people have bought second (or even third or fourth homes) using their pension pots. This was certainly more prevalent after the Equitable Life scandal when trust in pensions started to dwindle. Exactly, Foz ... people have looked after their income and invested it wisely. Good luck to them. The only people who begrudge them are the wasters who never saved a penny (but still expect everyone else to look after them !)