Property News · May 23, 2018

How to square the circle of social care funding | Letters


Readers respond to a Polly Toynbee article and to a supplement on dementiaPolly Toynbee points to the dilemma facing politicians over paying for social care (The social care crisis drags on, thanks to May’s cowardice, 22 May). The legitimate human desire to pass on one’s hard-earned wealth – in the vast majority of cases one’s house – to the next generation clashes with the legitimate need for the state to draw on that wealth to pay for social care.The case often put by my Leeds constituents was “We’ve paid for our house so why should we not be entitled to pass it on to our son or daughter.” The huge flaw in this argument is that the current value of the house to be passed on is way above what the person paid for it decades before, even including the addition of general inflation. Continue reading…

Source : theguardian.com
Read more…How to square the circle of social care funding | Letters

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