OCA - Oceania Group - retirement villages

[allfromacell]

If there was not a cure to aging on the horizon then I wouldn't want to check in to places such as this.

Keep the inheritance intact, spend my final year in a motorhome going up and down NZ for a couple of years, eating what I want etc. Would be a better situation.

There is no dignity in spending your last years in a motorhome you can’t drive, a home you cannot clean and a body you can’t keep hygienic.

People are living longer and longer and becoming more and more frail in the last years, your thoughts are nice but unrealistic unless you plan to end your life before you get to a state described above. The reality is the human will to live is stronger than most realise, it pays to plan ahead, for your sake and your families.

My grandfather lost his wife last year and staunchly wanted to live in his own home, he was reluctant to move into a care solution but what he didn’t realise was the strain it put on his family having to drive to him over an hour way multiple times a week to look after-him, he become very depressed and dropped all of his hobbies.

He finally moved into an aged care provider and the difference is night and day, he is in significantly less strife as he is getting nutritious food all the time, his meds aren’t missed and has people around him who he can socialise with. He looks years younger and has even started playing his musical instruments again. He is enjoying his life and it’s such a relief.


The services companies like OCA provide really are needs based, people cannot live without them unless they have families who can stay with them during the days and work less and less hours, even then they are not professionals. This is increasingly difficult in the modern world with people working more and more and living longer and longer.

[Panda-NZ-]

The nice thing is you can record things for your grandkids today and it will last forever . So I'd want to do that and then take up a dignified exit through euthanisa.

[Beagle]

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[bottomfeeder]

The nice thing is you can record things for your grandkids today and it will last forever . So I'd want to do that and then take up a dignified exit through euthanisa.

When they go through your things after you have passed on, they throw everything out.

[RTM]

When they go through your things after you have passed on, they throw everything out.

That’s certainly not my experience.

[Panda-NZ-]

When they go through your things after you have passed on, they throw everything out.

In the cloud your videos and recordings will exist somewhere.

Your descendants x10 may still be able to access them.

[artemis]

When they go through your things after you have passed on, they throw everything out.

My next door neighbour of many years passed on, and her family hired several skips. Maybe not everything was biffed but looked like most.

[Muse]

In the cloud your videos and recordings will exist somewhere.

Your descendants x10 may still be able to access them.

Hmmm..then my grandkids are going to see a lot of weird stuff.

[Baa_Baa]

Sorry to get back on topic but the stock watchers might have noticed a breakout (up) from the down trend channel the past couple of months. RSI (sentiment) is bullish up to 50's already. A run up is possible, stall at $1.40, break that and $1.50 or so is in play. Today was on volume which has been lacking for November.

[winner69]

Care and rising wage cost ….immigration policy?

My mate Michael

@MHReddell
Interesting result - in NZ we sometimes think of immigration keeping down the cost of rest-home care - but of course if true, this result presumably comes about mostly by pushing down the relative price of these types of labour.

In response. To this study:

Immigrants keep us out of nursing homes
by Tyler Cowen November 30, 2021 at 2:31 pm in Economics Law
We examine whether immigration causally affects the likelihood that the U.S.-born elderly live in institutional settings. Using a shift-share instrument to identify exogenous variation in immigration, we find that a 10 percentage point increase in the less-educated foreign-born labor force share in a local area reduces institutionalization among the elderly by 1.5 and 3.8 percentage points for those aged 65+ and 80+, a 26-29 percent effect relative to the mean. The estimates imply that a typical U.S-born individual over age 65 in the year 2000 was 0.5 percentage points (10 percent) less likely to be living in an institution than would have been the case if immigration had remained at 1980 levels. We show that immigration affects the availability and cost of home services, including those provided by home health aides, gardeners and housekeepers, and other less-educated workers, reducing the cost of aging in the community.


https://marginalrevolution.com/margi...ing-homes.html


Interesting response to Michaels post

An unpalatable job on low pay. Schools don’t foster the kind of graft needed in rest home work. By encouraging tertiary education we’re reducing workers we need. Suppressing wages & ignoring these immigrants will eventually require rest home care that will compound our aging popn