letter:Fragile sort of nest-egg

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The Independent Online
IN "Thank Major for stable house prices" (4 June), Martin Vander Weyer congratulates those who bought their council houses, and who "will now be sitting quietly on a considerable nest-egg". But he fails to mention that this "nest-egg" will only be be passed on if the house-owner is fortunate enough to be fatally run over by a bus. Should the householder be transferred to a nursing-home, the house will be sold to defray the huge expense involved, and the "nest-egg" will vanish rapidly.

Ted Stroud

London W12

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