Brits look to prop up pension with home (and retire later) says new European survey

“There is a cycle, and there always has been a cycle Nobby. . That doesn't alter the basic premise that everyone needs to be saving a much larger proportion of what they are earning from the very beginning for their old age.

Control is never the answer. . In a properly regulated market place, the market serves the population he best. . There was a time that all the big houses became 'mill-stones', and you could pick them up cheaply. . There always have been winners and losers. . Even in recent times like the 'sadly-broke' days. . This time the banks that should have been 'losers' have been protected; so say for all our good.

If the house-price inflation had been included in the inflation number, it would have prevented all this housing misery ever becoming so 'malignant'. . The 'correction' will inevitably mean losers, but if you have an asset you can't sell anyway, the price/value of it is pretty meaningless. . A bag of potatoes is only worth 'a bag of potatoes'.

I have high hopes for the appointment of Canadian central bank chief Mark Carney as new Bank of England Governor. . The good times will return I believe as long as you are prepared to work for them. . Meanwhile keep saving and create a capital sum for yourself as if you were paying a mortgage.

I was told, "It's the first £100 that's the most difficult 'make'." . Make that £5,000 and you are on your way.”

“I would have thought building more suitable homes (type and location) for the huge numbers of youngsters and foreign migrant workers* needing accommodation of their own rather than 6 adults to a 3 bed house -could be a great place to start.

*Let less of them in, so less housing needed (is another theory!).”

“And what if you, like a lot of people, can't afford to buy a home in the first place?

Charles, you are very right. I'm sick of hearing how interest rates must be kept low, and house prices must not be allowed to fall. Think of those that don't have a home to raise their family, meddling with the housing market by buying to let only helps people who are already doing okay.

Rent control is the obvious place to start, if we want to help people get a house of their own.”

“Which ever way you play it you have to start 'growing' your pension 'pot' from the very beginning by investing and saving a good proportion of your income. . Unquestionably, property and letting property has been and still is one of the finest ways of securing an income for old age.

As has been proved, the stock-market is no more secure than any property investment. Maybe now even less so.

Brits are having to retire later because of the total 'pigs-ear' New-Labour' made of the economy.

"Inflation is always portrayed as the absolute evil, but its capricious vagaries will never match the debilitating consequences of a deflating economy."

IMO, we would all have been far better served by 10 years of much higher inflation and higher interest rates, that would in turn have given us the correction we need very much sooner and released our property assets back into the market place, and so fueled the recovery we desperately need.

All our biggest assets now lay stagnant instead of fueling that recovery and growth.”

“Which ever way you play it you have to start 'growing' your pension 'pot' from the very beginning by investing and saving a good proportion of your income. . Unquestionably, property and letting property has been and still is one of the finest ways of securing an income for old age.

As has been proved, the stock-market is no more secure than any property investment. Maybe now even less so.

Brits are having to retire later because of the total 'pigs-ear' New-Labour' made of the economy.

"Inflation is always portrayed as the absolute evil, but its capricious vagaries will never match the debilitating consequences of a deflating economy."

IMO, we would all have been far better served by 10 years of much higher inflation and higher interest rates, that would in turn have given us the correction we need very much sooner and released our property assets back into the market place, and so fueled the recovery we desperately need.

All our biggest assets now lay stagnant instead of fueling that recovery and growth.”

“this is very dangerous - people need to save more for retirement and retire later. relaying on house price equity is not the way forward.”

“After costs, downsizing and moving or releasing equity from your home, could generate very little extra money. Working longer and saving harder should be regarded as better planning options anyday.”