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Housing Bust Derails Some Seniors' Assisted-Living Care
08-21-2011 12:42 am

(Kaiser Health News) - When her 86-year-old mother, a retired nurse with Alzheimer's disease, started wandering away from her Tallahassee, Fl., home in 2007, LuMarie Polivka-West knew it was time to move her and her 94-year-old father into an assisted-living facility.

But because of the collapse in the real estate market, she couldn't quickly sell her parents' house to pay for a $3,200-per-month assisted-living apartment. So, for another year, while waiting for the house to sell, Polivka-West and her two brothers each contributed $600 a month to help their parents afford the assisted-living unit.

http://www.kaiserhealthnews.org/Stories/2011/August/22/housing-crash-assisted-living.aspx

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