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by red-iron-pine
1008 days ago
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> For example in France it costs about $3k a month to have a small room in a shitty retirement house that is already overcrowded and understaffed my grandmother had Alzheimer's and her care, in rural WA, was around $9000/month USD. Reasonably new building but still pretty understaffed. |
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More than anything else, THIS is what I think will ultimately kick off a housing crash. These “retirement” prices are clearly designed to squeeze the Boomers of their housing equity.