Money into pension or property?

[Strawberr13s]

In the next few years, in our forties, we may be able to buy a house. We currently rent in social housing and I know there will be a moral argument there. If we bought somewhere, we'd easily be paying at least 300 quid extra per month on a mortgage. We would later downsize and the home equity would be used to pay for our care.

If we stay in social housing and put the extra 300 into a pension (which will work out as £900 per month with employers generous contribution plan) we will have much more money to play with in old age and to treat DC with no risk of needing to spend money on home maintenance.

Can anyone tell my why a property investment would be better than pension investmentwhrn pension builds at 3x what I pay in and u can use it for annuity, lump sums etc?

If you stay in social housing, but (as it currently stands) have a decent pension income, you'll need to pay rent out of that income. The advantage of buying is you'd have no rent/mortgage but as you've said you'll have maintenance costs to deal with. You'll need to weigh up what would result in a higher income for you.