The Guardian view on the care home sector: trouble looms as rents rise | Editorial

An inflationary environment makes care home collapses more probable, given the way they’re financing themselvesWhen Britain’s largest care home operator, Southern Cross, collapsed in 2011, it heaped anxiety on elderly residents and ignited a debate about the role of private finance in the sector. The company had sold off most of its freehold properties to landlords, leaving it with a £230m annual rental bill. Many of these properties were locked into 30-year leases with increas