• ChristerMLB@piefed.social
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    2 days ago

    This is part of how wealth concentrates in countries without a welfare state. The property market becomes more and more unavailable for young people, and older people have to sell their homes to afford proper care.

    • NullPointerException@lemmy.ca
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      2 days ago

      Maybe I’m wrong, but I interpreted this as “we’re selling the house and burning the money in voyages, cruises, fuck fest, etc”.

      • Soggy@lemmy.world
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        2 days ago

        That’s how it starts but most people have no idea how much end-of-life care can cost, or even just regular geriatric medicine.

        • frunch@lemmy.world
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          2 days ago

          I just assume that’s where any money i have left is going to end up. Luckily i don’t have anyone relying on the funds i possessed, but I also don’t expect to have much (if any) anyway. I’m kinda relieved i don’t have children for that reason, tbh. It’s hard enough to make ends meet as it is. As much as i might have enjoyed starting a family, I’m afraid I’d be setting up another generation to suffer through the naivete of mine…then having little/nothing to offer on my way out!

          • Soggy@lemmy.world
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            2 days ago

            I’m planning on my end-of-life being real cheap. I’d prefer a clean exit over a long decline, especially if I start losing my faculties. (Not much history of dementia in my family, thankfully)

    • Valmond@lemmy.dbzer0.com
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      2 days ago

      Even in countries with a welfare state system. Mainly because we depend so much on the USA and they just carelessly plays monopoly with the world economy (2008 crash plus subsequent “quantitative easing” is why we have high apartment prices). I just hope we can decouple before everything that is happening now will affect us too much.

      • Matty Roses@lemmy.today
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        2 days ago

        The US empire is going down, fast. Countries that don’t decouple now will go down with it

        • aphonefriend@lemmy.dbzer0.com
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          2 days ago

          The problem is systemic with the world. Pretend like any country is better and you’ve lost the point. It isn’t nations or races that made this problem. It’s wealth. The elite class is the problem and they are the same problem in every country.

          • Matty Roses@lemmy.today
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            1 day ago

            Completely agree - the US empire has never worked for the US people, but global capital, which moved to the US as the British empire fell.