Quote:
Originally Posted by nomadking
When are people requiring only short or medium term care ever expected to sell their home. 
The case study of "Yusuf" in the Government document "Build Back Better" is incorrect. It claims the cap would kick in after 3 years and 4 months. The cap only applies to eligible costs, which will usually be a lot less than the actual costs. The difference under the new proposals will be a lot less than stated. Not only would take longer to reach the cap, he would still have to pay the excess.
Things like issues of part-ownership are already taken into account.
The housing market never crashes? |
It’s pretty clear you have difficulty with nuance, which makes it hard to have a meaningful discussion with you (about almost anything, in my recent experience).
1. The medium-term care funding question can and does arise. I have personal experience of this.
2. I don’t care about “Yusuf”; I made no argument based on the government case studies so your reply to me on that matter is besides the point.
3. Here’s where you are struggling with nuance. Your question is already adequately answered in my earlier comment. As such it’s irrelevant to any attempt to move the discussion forwards.