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Residential care costs 'can soak up over 50% of property values'

Published on Monday 20th of March 2017 07:01:30 AM in Guardian

The cost of an average stay in a residential care home can swallow up more than half the value of an individual’s house in some parts of the country, according to new research.The findings, which show that the typical person entering residential care will face a ...

Social Trend Analysis for "Residential care costs 'can soak up over 50% of property values'"

How did this Guardian news article fare in social circles?
  • Total number of Likes, Shares, Tweets, Re-Tweets, Pins, Bookmarks & Stumbles :
    35
  • Amongst social networks, this article was most active on Linkedin
  • Total shares on Linkedin : 33
  • Total Plus Ones on Google : 2
  • Social Analysis Summary

    Total Trend count
    35
    Most trending on :
    33 2

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    Residential care costs 'can soak up over 50% of property values' image
    Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
    .... For many, that will mean selling the family home to pay the fees. For people in north-east England, where the average house price at the end of 2016 was just under £129,000, an average stay of 30 months in a local home costing £554 a week would eat up 56% of the value of their home. ...

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