On the one hand, I don't want this to happen to me either (but I'm more likely to retire somewhere accessible than the suburbs). But on the other, this whole situation just screams entitlement. They'd rather stay in their houses with all of their stuff, which even their own kids don't want [1]. Just imagine if they would actually move out of their houses: it would open up more housing, making it more affordable to ne…
Most old people don't have the money to move into a retirement home so where would they go if they sell their house? Even with high housing prices, the money from a home sale isn't going to net more than enough for 2-5 years in a retirement community.
And yeah I've dealt with these issue for both my parents.