‘Brave older dupe of housing tax’ | What you say

The Hillen Act tried to encourage repayment, the notional rental value could never be higher than the interest paid.

Until we retired, we both worked full-time, no expensive vacations and not eating out too often. Because then we would be fine with the AOW, a limited pension and the (almost) repaid house.

Bizarrely, it was then decided to nullify the Hillen law. The construction would take place in phases. Now comes the bizarre proposal from civil servants to levy a wealth tax on their own home. They obviously have no idea what they are doing with this. Houses have risen exorbitantly in price due to sickeningly low interest rates and the severe housing shortage (caused by bad government policies and an overabundance of immigrants). The power is set in stone, we can’t do anything with it.

In summary, the elderly, who have duly done what the government asked, are so badly affected here.

This in addition to the lack of indexation of pensions and nibbling on the AOW.

Cathy Janvier-Bladders

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