Report Everything's great. in House prices and the economy Posted October 30, 2017 4 hours ago, Venger said: The only issue I'm having with you is I'm sensing a lot of 'Pity The Mad-Gainz Wealthy Older Homeowner' if prices fall. Sorry Venger, your Spidey Sense is wrong on this occasion. Easy come, easy go is my opinion - as you say it's a market, and if someone misses the boat so to speak then that's their problem. Personally I'd tax the hell out of inheritance and close the Trust loopholes in order to remove incentives to horde property until you die. I'd also love to see a thumping great big crash, but having thought one was about to happen since 2002 (and misjudged the duration of the post 2008 event) I've lost any faith I had in my ability to predict one. Where I'm pushing back is that you seem to assume that the vast majority of older home owners are driven by greed over their 'mad gainz'. My experience is completely different to this: beyond people involved in BTL most of the older home owners I know don't talk about house prices, and those who do frame it as passing on as much as possible to their children and grandchildren. If a big crash plays out I think many of them will be able to see that this benefits their younger family members. You've jumped on the people I mentioned that were thinking about letting out their main house and renting a smaller place, but they're the exception rather than the rule (and, probably not coincidentally, involved in BTL). The other thing you seem to say is that if older home owners don't care about high house prices they really should do. Realistically though there's only so many things people can worry about though, and once people aren't forced to care about an issue they're less likely to do so. I don't care as much about the plight of men who can't find a girlfriend since I got married, and I have to admit that my strong views on the local bus service have mellowed a little since I started using my bike. Older home owners have a whole range of chunky national and global issues that they can choose to either engage (or not) with, and insane house prices are only one of them. People are only human, and I don't see the greed and self interest that you perhaps do. If I've misunderstood your position then you have my apologies.