London, England-In yet another outrageous piece of social engineering from our coalition government, pensioners will be encouraged to downsize to smaller properties allowing local councils to rent their homes out as council houses and manage the tenancy.
Local authorities will ‘help’ older people move from their homes into ‘more suitable accommodation’. Grant Schapps, the Housing Minister, who is a conservative member of parliament claims the scheme will solve a so-called ‘housing crisis’ as well as creating a system that will ‘permit access to various sources of wealth’ that are currently not being used to pay for care.
Read that as the elderly will have to raid their pension pots and hand over the equity in their homes – which they have spent a lifetime paying for – in order to put themselves into a care system which is notoriously unfit for purpose.
Despite having paid taxes all their lives, pensioners will be forced to run down their wealth while those that have squandered their money or lived off the state will get free care. The idea is to create more stocks of ‘affordable housing’ for younger families. This is a euphemism for subsidized houses for families that have deadbeat dads, single mothers with a battery of children from different fathers and other assorted welfare dependent cases that need ‘help’.
The thinking behind this initiative was provided from a report, ‘Hoarding of Housing’ undertaken by a newly created charity, The Intergenerational Foundation (IF), a left leaning, research-based think-tank which ‘promotes fairness between generations’ as they state on their website. The report makes for depressing reading as its clearly aggressive stance toward older people who they consider to be ‘rattling around in big houses’ while younger families are being squeezed into smaller flats and under-sized houses. IF claims it is not urging the government to ‘round on older generations and turf them out of their homes’ but they have busily calculated that 25 million bedrooms are standing empty and that 51.5% of those aged over 65 have two or more bedrooms that they don’t need. Says who? Are we getting to a stage where we need to justify how you use the rooms in your own house that you have bought and paid for?
Pensioners’ watchdog groups are outraged, and rightly so. This is a pernicious attack on law abiding, hard working people who are making personal choices as to where and how they want to live and have become the target of progressive idealists. In a bid to completely destroy the middle class, IF propose exempting the over 60’s on stamp duty (the tax we pay on purchases of assets) when they acquire a smaller property, or raise property taxes to ‘reflect the social cost of occupying housing’, in other words make it so expensive to run a house larger than one bedroom, that only the very rich would be able to remain in their own homes.