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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.



Same here in the burbs of Portland: ~$8k/month with a six figure buy-in. And that’s for a place aimed strictly at “professional class” Boomers - I can think of at least 2-3 other retirement places that are significantly more expensive.

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.




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