Editor’s Note: This is the second report in a four-part series about Connecticut’s aging population and the challenges in finding ways to care for people. This week: Nursing homes face a reckoning as they deal with fewer residents, a change in pay and plans to ‘right-size’ the industry. Last week: […]
Homes
What is the future of Connecticut nursing homes? Industry is under pressure
For many Connecticut nursing homes, the next few years will be about survival. Along with unprecedented staffing shortages and less-than-ideal occupancy rates, nursing home operators are also facing a state Department of Social Services that is intent on “right-sizing” the industry by directing money away from nursing homes and toward […]
More Americans Own Their Homes, but Black-White Homeownership Rate Gap is Biggest in a Decade, NAR Report Finds
WASHINGTON (March 2, 2023) – Even though the U.S. homeownership fee has frequently increased all through the past 10 years – to 65.5{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} in 2021 (from 64.7{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} in 2011) – the Black homeownership price has not retained speed with improves of other racial groups. Also, people of colour endure significant […]
Montana Seeks to Insulate Nursing Homes From Future Financial Crises
Wes Thompson, administrator of Valley View Residence in the northeastern Montana city of Glasgow, believes the only causes his proficient nursing facility has avoided the destiny of the 11 nursing households that shut in the state past year are community tax levies and luck. Valley County, with a populace of […]
Erie funeral homes adapt to long-term changes in death care industry
For 55 many years, Nancy Dusckas lived over her family’s funeral dwelling. She remembers sliding down the staircase railing and playing hide-and-seek out in the casket showroom with her sister at Dusckas Funeral Home’s flagship area, 2607 Buffalo Highway. From running the vacuums to typing obituaries, Dusckas said she grew […]
How Wall Street bought single-family homes and put them up for rent
Institutional investors might handle 40{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} of U.S. solitary-relatives rental houses by 2030, according to MetLife Financial investment Management. And a team of Washington, D.C., lawmakers believe that Wall Street needs to back again absent from the market place. “What we’re stating is really don’t have non-public equity shopping for up […]