I think it’s probably not that simple. If it was, someone could come in and massively undercut the entire market…
But hey, maybe it is ! And if it is so, then we can try and organise some non-profit nursing homes that charge exactly what it costs to actually run the place and pay the employees decently, and even slightly less than that thanks to donations !
You would find yourself in all kinds of legal disputes, permits not getting approved because the wife of the owner of the expensive corporate facility is on the city council, anonymous “stories” about your facility being told to the media, higher insurance prices because you don’t have the same bargaining power, etc.
I think it’s probably not that simple. If it was, someone could come in and massively undercut the entire market…
But hey, maybe it is ! And if it is so, then we can try and organise some non-profit nursing homes that charge exactly what it costs to actually run the place and pay the employees decently, and even slightly less than that thanks to donations !
I mean it’s pretty simple… The owner is capitalizing on the production value of the workers.
We’re at the stage of private equity where that’s really hard to do.
You would find yourself in all kinds of legal disputes, permits not getting approved because the wife of the owner of the expensive corporate facility is on the city council, anonymous “stories” about your facility being told to the media, higher insurance prices because you don’t have the same bargaining power, etc.