Wow!! What a fantastic idea. I'm sure that a larger house has no more maintenance, rates, levies etc costs that go with it and come out of your income and out of your 'CPI' increases. great idea until you need some capital of course. As for offset accounts and deeming...I think you'll find it doesn't matter what you earn, any liquid assets like that would be deemed as income.
Yes, it is an idea and certainly the bigger block option and growing stuff has a lot of merit, but there are plenty of pensioners sitting around in a home needing maintenance and can't afford it.
