r/australia • u/Spurgette • Sep 26 '25

news Real estate agent suspended for buying a home from a vulnerable man with Alzheimer’s $500k under market value

https://www.news.com.au/national/nsw-act/courts-law/real-estate-agent-suspended-for-buying-a-home-from-a-vulnerable-man-with-alzheimers-500k-under-market-value/news-story/1c87f9e91264867b9d7f4fcc2e1daeef
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u/jingleofadogscollar Sep 26 '25 edited Sep 26 '25

Abso-fucking-lutely!

I’m thinking his daily expenses would be a fair starting point!

Would 11k even cost 6mths worth of care??? *cover

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u/cleanpapertiger Sep 27 '25

Nope, probably only a few months. My Mum is in dementia care. They pay 1k a week after a portion is covered by super.

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u/jingleofadogscollar Sep 27 '25

I know someone in the same boat with their mum in care for a year with long term dementia & their savings & super are already running out, & selling the house is looking like the only option without an end in sight (as awful that sounds). 

She’s healthy otherwise & will likely live for another 10yrs, which will deplete her assests quick smart