Theresa May's "Dementia Tax" (the socialists 'clever' name for it) is causing a bit of a stir in the Trousers household. Lady Trousers thinks its unreasonable for the state to be able to tap into the equity in our house (less £100k) to finance the (potential) cost of our care in old age. One of her observations is that someone with a similar lifestyle to us living in, say, Carlisle, could (would?) end up paying less for their elderly care than us simply because their house is likely to be worth less than ours (on a like-for-like basis), due to us living in the inflated house prices world that is the south east of England.
Maybe there will be regional nuances in the final policy details that levels things out, but without knowing how the policy will work in practice, it does seems a tad "unfair" on the surface.
Does Lady Trousers have a fair point?