letter:Fragile sort of nest-egg

Ted Stroud
Saturday 10 June 1995 23:02 BST
Comments

IN "Thank Major for stable house prices" (4 June), Martin Vander Weyer congratulates those who bought their council houses, and who "will now be sitting quietly on a considerable nest-egg". But he fails to mention that this "nest-egg" will only be be passed on if the house-owner is fortunate enough to be fatally run over by a bus. Should the householder be transferred to a nursing-home, the house will be sold to defray the huge expense involved, and the "nest-egg" will vanish rapidly.

Ted Stroud

London W12

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in