its clear now with houses going up that retires who own there houses are sitting on massive amounts of money but can not access it ..thus on the pension being supported by today's welfare system..but when they fall off the perch this wealth moves on 2 beneficiaries who have not contributed to its earnings ./.. remember with smart estate planning this home could be sold for little or no tax == so the winners in today's property boom are the beneficiaries
of today's retires. you never see this mentioned I do not know why .....in places like sydney there are going 2 be alot of beneficiaries who suddenly are wealthy through no contribution of there own.ALL the stories that young people can not buy /afford a house all they need 2 do is wait for mum/dad/grand parents 2 crook it and then ...all there worries are over,............with the country we are told in massive debt ,,, addressing some of this wealth would help.. i understand dead taxes are a HOT issue but who cares when you are down 6 foot .... beneficiaries will still do okay . comments that pensioners,,=========, buy the way I am one.... , can not live on interest from bank no one says spend the money ...... you can not take it with you ..... ,to me the whole industry needs addressing and peoples mind set needs 2 change if money is spent jobs are created so everyone wins.. thats provided we don;t sell it 2 overseas buyers who see us as silly ,,,remember you can not buy assets in overseas countries like we sell them here , any comments this is a very important topic needs to be addressed yesterday not today.. see u in the next life................
