The New York Times: Many Americans Will Need Long-Term Care. Most Won’t be Able to Afford It.

“Mr. Gleckman looked into housing equity as a member of the Long-Term Care Financing Collaborative, a group of policy experts. “In places like New York or D.C., you might think of a middle income house as worth close to a million bucks,” he said. “In a lot of the country, the value of the house is $150,000.”

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