Yeah I was going to say, our country is setup to drain any savings you have before you die via medical debt. Isn’t transferred to the next generation it’s intercepted by parasites.
Comment on Listening to NPR news about mortgages
Zorsith@lemmy.blahaj.zone 2 days agoThe wealth transfer isn’t going to happen. Its being eaten by elder care and medical industries, and any other predatory businesses that want a slice of the pie.
DrFistington@lemmy.world 1 day ago
NOT_RICK@lemmy.world 2 days ago
Don’t forget reverse mortgages for the real estate slice of the pie.
SoftTeeth@lemmy.world 2 days ago
In reality nothing will meaningfully improve until the rich fear for their lives
Zorsith@lemmy.blahaj.zone 2 days ago
Oooh, too late; medicaid took the house already.
Maggoty@lemmy.world 2 days ago
Medicare Advantage took the house. Medicaid is the government run healthcare for poor people, and normal Medicare is the government run healthcare for old people. Medicare Advantage is the private plan for old people being paid for with a reverse mortgage. After they die the health insurance and the bank get to fight over the house.