Demographics: “70% of people turning 65 will need long term care” – is 100% misleading
Most long-term care for the elderly is provided at home, by family members. The 70% figure used by insurance salespeople is bogus.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
Everything you think you know is probably not true or was spun in a misleading way. Read the book Factfulness to learn how much of what we think we know is not really true.
Most long-term care for the elderly is provided at home, by family members. The 70% figure used by insurance salespeople is bogus.
NGOs are extensions of government, with 25% of funding coming from governments, and 1 in 5 getting >half of funding from government.
Media and social media posts compare home ownership percentages of young cohorts in the 1980s and today and conclude it's due to price. May be not.
100% total junk science study.
The US currently has the highest number of housing units per population in history. This is because we have fewer occupants per household.
The Dunning-Krueger Effect said people overestimate their knowledge/ability. But this finding was a statistical blunder. The authors were the unskilled ones.