“David and Anne* bought at a Karaka Pines Village in 2012 for $435K. In 2019 David needed to move into a care facility. So they sold their home for $727,500 and spent $636,500 on a serviced apartment at the care facility for Anne, leaving them enough to pay for David’s care.
If they’d been living at a village operating under the standard model, they would have ended up with only $304,000. Anne would not have been able to afford to move to be with David.”
*Names changed to protect their privacy.