Child’s play

Nick Clegg’s ‘pensions for property’ plan is the most breathtakingly stupid idea since, well, the last time a government proposed something similar.

Liberal Democrat leader Nick Clegg and Treasury chief secretary Danny Alexander put forward the proposal in interviews on Sunday as a way of allowing parents and grandparents to use their pension fund to guarantee a deposit for their children and grandchildren.

Read the rest of this post at Inside Edge, my blog for Inside Housing

Advertisements

2 Comments on “Child’s play”

  1. I nearly crashed my car hearing this utterly stupid idea on the radio yesterday on drive home from a day in the real world! Of all the ideas to slither forth this one takes the biscuit!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s