this post was submitted on 18 Oct 2024
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When nursing homes are so expensive they bankrupt our grandparents (sh.itjust.works)
submitted 3 weeks ago by [email protected] to c/[email protected]
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[–] [email protected] 0 points 2 weeks ago

Last time this same post was posted in a different context, like three days ago, I pointed out that nursing homes and daycare are both industries in which the government subsidizes demand and artificially constricts supply.

Anyone who’s taken macroeconomics will know this produces exactly the kind of problem OP is describing.