I have not been able to get out of my head these last few days that one in four British pensioner households are worth Β£1 million or more on paper.
I mean, my god. Concentrating wealth at the expense of everyone else. No wonder the majority of them vote Tory: build less homes, watch your property value skyrocket π
Source: https://www.if.org.uk/research-posts/3-million-pensioner-millionaires-identifying-the-numbers/
The angry feelings this article stirs up in me makes it difficult to have anything nice to say π¬ So for today, Iβm just going to link to the article and leave it at that.
#Inheritance #GreatWealthTransfer #money
https://www.theguardian.com/money/2022/dec/03/why-inheritance-is-the-dirty-secret-of-the-middle-classes-harder-to-talk-about-than-sex?CMP=Share_iOSApp_Other