Re:Profit-Obsessed Private Equity Is Now Dominating the US H...
by philjohn on Monday May 29, 2023 @03:19AM
(#36111546)
UK isn't much better. 10 years ago when my grandmother went into an, admittedly VERY nice, private home and the fees were £1000 a week.
[ Parent
| on HN ]
Re:Profit-Obsessed Private Equity Is Now Dominating the US H...
by tstrimple on Monday May 29, 2023 @10:55AM
(#36114599)
Half the average US cost for a VERY nice place sounds a lot better actually.
Re:Profit-Obsessed Private Equity Is Now Dominating the US H...
by blinzy on Monday May 29, 2023 @04:05PM
(#36117525)
When you take into consideration the median household income for both countries, the difference isn't as great as it sounds:
- US: ~$70,000 (source: https://www.census.gov/library/publications/2022/demo/p60-27...)
- UK: ~32,000 (source: https://www.ons.gov.uk/peoplepopulationandcommunity/personal...)