CCRCs, which grew in popularity during the housing boom, are considered risky by some seniors.
WSJ: Luxury Retirement Living: A New Senior Moment
2.
Even CCRCs with a more a la carte approach to pricing long-term care generally offer some degree of protection.
WSJ: Family Value: Beyond Long-Term Care
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And even financially stable CCRCs have drawn their residents' ire, sparking lawsuits in a few places, by using their capital to acquire other facilities on shakier footing.