Apartment Complex Living in the Future

Mike said:
It used to be like that when I was a boy Deb, all or
most of the houses in the villages, were owned by
local coal mine and only workers there got a house
for a very small rent, they also owned the local grocer
shop and a local bar, so the workers gave their wages
back to the mine owners.

Mike.
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"I owe my soul to the company store." (from the song 16 Tons)

Edited to correct song name.
 

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OldOld said:
The earnings of the seniors' living facilities goes to the owners and share holders of the facilities for the sole purpose of making profit. Any unpaid portion of the senior bills will be paid by Medicaid.
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That is not an absolute.
Many facilities in my areas are non-profit and are run by the Presbyterians, Lutherans, etc. (no shareholders)
And of course Medicaid pays when the persons' funds run out.
 
That Lady in PA said:
That is not an absolute.
Many facilities in my areas are non-profit and are run by the Presbyterians, Lutherans, etc. (no shareholders)
And of course Medicaid pays when the persons' funds run out.
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Many CEOs of non-profit organizations get(demand) very high salary + bonus. Please Google and search charity CEO pay.
 

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Moving from a house to a high rise doesn’t mean you can’t own. A condo is privately owned, with strata fees for overall maintenance. With the right layout, I wouldn’t mind this. What I don’t want is to pay for a pool, gym, doorman.

Lately there has been a trend to build small flashy places in prime areas. Glam sells. Reality of living in them not so much.
 
Jules said:
Moving from a house to a high rise doesn’t mean you can’t own. A condo is privately owned, with strata fees for overall maintenance. With the right layout, I wouldn’t mind this. What I don’t want is to pay for a pool, gym, doorman.
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I wouldn't mind it either, in fact I'd love it. And there are some nice condos here without pools or gyms or doormen which helps keep the monthly fees down somewhat.
 
I loved apartment living when I was young and single. No maintenance bills or landscaping to deal with.

When settling down to raise a family, a single family house was the way to go. DH & I are still in that same house, and are unlikely to move in the foreseeable future. That may change if one of us dies or becomes significantly disabled.

While I wouldn't necessarily object to a condo, I wouldn't live on a floor higher than my ability to navigate the stairs.
 
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