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Well, don't know about Germany but in Canada old-age people voluntarily move to retirements home. And yes, they took home equity / sold their home and eventuall
by betaby 4y ago
Well, don't know about Germany but in Canada old-age people voluntarily move to retirements home. And yes, they took home equity / sold their home and eventually there won't be anything to inherit from them. Don't know whenever it better or not of the eastern European approach.
- evv555 4y agoHow common is this in Canada? This doesn't sound like a representative anecdote. This sounds like a vacuously true statement as they say in statistics.
- betaby 4y agoI would say very common, see https://www12.statcan.gc.ca/census-recensement/2011/as-sa/98-312-x/98-312-x2011003_4-eng.cfm https://www12.statcan.gc.ca/census-recensement/2011/as-sa/98... from ten years ago. ' Among seniors in their nineties, over half (56.5%) lived in private households in 2011, including 28.7% who lived alone, 12.2% who were part of couples and 15.7% who lived with others, such as adult children. The remaining 43.5% lived in collectives such as nursing homes or residences for senior citizens. '
- evv555 4y agoThis isn't a useful stat for answering the question