Forum Discussion
Go_Dogs
Jun 12, 2014Explorer
It was interesting reading the post about the elderly couple that had worked so hard to maintain their home, only to end up in a nursing home.
I grew up in a blue-collar neighborhood. Just about everyone worked in the steel industry. We all know what happened to those steel mills. Anyhow, I did home health nursing. Lots of my patients had lived in their homes for decades. They had replaced everything twice over, (roof, flooring, furnace, windows, etc). I saw a lot of widows that lived in really nice, well maintained homes in what had become a bad neighborhood.
Once the patient either died, or went to a nursing home-the grown kids had to deal with the house. None of the kids wanted to live there as neighborhood had gone downhill. The house was practically worthless to sell, and often became a rental property.
So, after the parents pumped tons of money into this home, over the years-the family saw it go to pot.
So, times change. It used to be wise to maintain your home as your biggest investment-that's not always the smartest way to go.
I grew up in a blue-collar neighborhood. Just about everyone worked in the steel industry. We all know what happened to those steel mills. Anyhow, I did home health nursing. Lots of my patients had lived in their homes for decades. They had replaced everything twice over, (roof, flooring, furnace, windows, etc). I saw a lot of widows that lived in really nice, well maintained homes in what had become a bad neighborhood.
Once the patient either died, or went to a nursing home-the grown kids had to deal with the house. None of the kids wanted to live there as neighborhood had gone downhill. The house was practically worthless to sell, and often became a rental property.
So, after the parents pumped tons of money into this home, over the years-the family saw it go to pot.
So, times change. It used to be wise to maintain your home as your biggest investment-that's not always the smartest way to go.
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