Pensioners own property worth £749bn

Pensioners own £749b of property, so what? They`ve worked all their lives and paid for it ! Unlike the vast majority of the wealthy MP`s who were born with a silver spoon in their gobs, inherited mummy and daddy`s pile and have never done a hard days work in their lives !

so wahts wrong with paying your mortgage up Iam 44 I work 16-18 hrs a day paid mine up dont use credit cards dont buy what i cant afford try IT

I think the writer of this article got so much wrong.
For a start many things were not free and 60 years ago not many working class went to University, free or not. Scolarships were often the only way a working person went to university, or a grammar school.
And another thing there was little if any social security, no hand outs like today.
My parents were poor, but always kept food on the table and paid their way and never lived on credit..
Life was hard back in the 50s and 60s if you were poor and even harder before that period.
I do own my own property now and through bloody sheer hard work most of my working life.

Sorry about the spelling,could it be age or related to intake of alcohol.

So what, it is nobody elses business except the owners of the properties. If the Government is thinking about taking peoples property. as so many believe to be the case, they will have to think again.

So ,if we have got this wealth-why are e treated like s**t in shops. recently went into Currys in Chesterfield to buy an IPAD. We had been browsing[playing for 10 mins and had not been spoken to by any sales staff. Acouple in their 30s came and attracted staff attention within 30 seconds. We bought our I ipads[1 each} from the Apple storre in the Arndale Manchester.Apple are not ageist !

Cash it in before your grabbing reletives get it. Nobody has the right to inheritance. There is only one life live it.

This all sounds ominous for pensioners.Saying this kind of thing,with the undertones it implies ,isnt a long way from persecution.There are some nasty pieces of work who pose as reporters here........it seems anti-immigrants is bad,anti poof is bad too.....but anti pensioner is fine and dandy.......what a sad and sick country this is becoming.

All his is relative to the times people first took out mortagages in the 50's. 60's, 70's consumer products, cars, holidays were expensive as were Mortgages, wages were lower so were property prices were much cheaper - Why should the old have to sell on the properties they often love to and buy these terrible asset release products - Often the advise is dished out the the British should follow the Europeans and pass on property and keep the property in families, well why not ?

For petes sake. They worked for it. It belongs to them. And at their age it would be mortgage free.
And if you look at how many there are this probably averages out to ony about £50,000 per pensioner if that. DONT try to make older people feel guilty because they worked hard and invested it and have a nice home.