"Mark" wrote in message
...
On Fri, 15 Feb 2013 13:21:51 +0000 (GMT), "Dave Plowman (News)"
wrote:

In article ,
tim..... wrote:
I never understand the attitude of pensioners who insist on living in
poverty in a million pound house, (and then complain about it!)

My house is far larger than I now need - but it is my investment to pay
for decent care if I ever need it. Selling it and buying somewhere smaller
then investing the balance doesn't seem like a good idea in these times.

I'm sure you've done the sums but I would expect you
so save on bills, council tax etc in a smaller house.

That's unlikely to pay for decent care if he ever needs it.

House prices have been static in many areas

For now. They never stay static forever.

so you may not be getting a better return than selling/investing.

Sure, that's possible. But its also possible you will do worse too.