[Cav]

Politicians should stop fiddling let the market burn and it will eventually put its own fires out.

Hey I got an idea.

The family home is not included in the asset test for the old age pension.

For a married couple the threshold is a little under $400,000. After that there is a sliding scale of reduction until the pension is no longer available.

So why not include the value of the family home in the asset test?

This will mean that oldies living in a huge home worth $$$ would be forced to sell and move into something smaller, thus opening up the market with more supply of family type homes and therefore reduce prices.

If this seems a bit onerous, the asset limit could be varied or how about we introduce a sliding discount scale on the % $$$? The longer they are on the pension, the lower the discount % becomes.