Thursday 2 June 2011

How falling house prices are making a national scandal worse – Telegraph Blogs

How falling house prices are making a national scandal worse – Telegraph Blogs

Many families where parents or grandparents have been householders for decades may imagine that capital they built up from house price inflation, before recent setbacks, will be sufficient for them to pay for decent long-term care if they need it in old age.

Now new analysis by independent experts suggests that assumption could prove complacent and incorrect. The bad news comes just as politicians rediscover the long-running scandal about low standards and high costs in many care homes for the elderly – and before the publication next month ....

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