Totally disagree there DT. Why should someone be forced out of their home because they are asset rich but cash poor? If you worked your butt off to buy a $10M waterfront palazzo, but are stopped from getting a pension because you have no other assets?
Are they any less worthy of getting the pension than Datto's long lost cousin who smoked 4 packs per day, spent his (cash) wages at the TAB to legitimise the income, drank his dole money etc and was on an carer's pension once he hit 21?
Why compare them to the local degenerate?
Does someone with a $10m home really need a pension? It should be for those who need it and not everyone.