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Get ready for assisted living and nursing salary to double. There’s already a shortage.

• downrightmike 4y ago
  It'll just melt sideways, the owners will drain elderly for every penny and then ship them off to a medicare facility once they are poor.
  • mrguyorama 4y ago
    This is already happening. Elder care facilities build themselves in the middle of expensive cities, charge $12k a month for negligible care, and once you have no more estate to suck down and take ownership of, they send you to a third rate facility and charge the government, still absurd fees, but at least less stupid. I conspiratorially believe this is an intentional move to limit wealth transferring from boomers to younger generations as it normally would in the past, by houses being passed down and grandma dying and leaving stuff to youngins, because now all that is taken by "old age homes" instead of the younger generations.