DURec

They are gobbling up everything they can and just raising prices.

And I am pretty sure Tucson rents have gone up a LOT more than what was stated in the report. Investors slap on some paint, hang some new window coverings and then raise rents WAY above what workers can afford. If Tucson didn't have a somewhat decent bus system, working people would be unable to afford to get TO work.

... is a cancer that should be wiped off the face of the Earth by whatever means necessary. No mercy; they won't give you any.
They borrowed their business model from the Mafia. They're no different, and certainly no better than the criminals they emulate; they just have better tailors.

just like they pile it on business they are sinking.

Regulate and get rid of them.

sickening

“The billionaires are the makers!”
Yeah. They’re making JOBS people homeless.

That allowed the plant to remain open and people to keep their jobs. I retired 4 years ago, and the plant is still open and running.

In your opinion, that should have been prohibited, and instead it should have just shut down and closed?

not known for altruism or thriving purchases.

Wait until you get to be 70, 75, or so and decide to move into a “continuing care community.”

Be prepared to pony up $300,000 to $600,000 to move in AND pay $6,000 to $9,000 per month.

And when you die, good luck to your heirs when they try to get back some of the initial “deposit.” After all, billionaires have expenses, too.

look like a better plan. Even if it's painful.

First of all, I think you mis-typed the base payment, unless you're talking about buying a condo unit or a home of some sort. To move into a rental unit costs about $3,000 to $8,000 move in fee. This is is usually non-refundable and not nothing, of course.

The monthly payments could be what you state for big cities (NY or Seattle?), but in moderate communities like ours, it could be as low as $1500 to $4000 for "independent living", meaning no personal care provided (basically apartment living).

All these options include housekeeping services, food service and whatever amenities the facility chooses to provide. These range from a free library and sing-alongs to cable TV, swimming pool, exercise rooms, theater, regular concerts and bingo nights, etc.

My mother chose the best place in our area because it has all day food service and a regular menu to choose from along with daily meal specials, whereas most other places had only a few choices of menu at set meal times. It also has a great variety of activities and amenities available (I want to live there actually). It cost her $8000 upfront and she pays just under $4000 a month.

Assisted Living/Memory Care is more expensive, but it's usually paid for by Medicaid when someone's personal funds are exhausted.

This last bit is what I believe will come under attack by this regime. If they find an excuse to cut Medicaid to these people, they will all be sent home to their families. I'm sure they're looking for that excuse and maybe the only thing preventing it right now is the fact that these facilities rely on this money. Cutting it off would bankrupt lots of them.

I prefer to keep a tenant that continually pays instead of searching for new tenants every year.

This is a substantial part of the problem as well.