I agree that the elderly are often overlooked in this discussion since so much of the housing discourse revolves around boomers that own property and outright dismissing the fact that a large contingent of them are rolling right into infirmity with just about no retirement.
I think nursing homes are going to have to function differently in the coming years to accommodate this, and it's not going to be easy. Breaking apart the current health"care" bureaucracy will free up a lot of medical staff to practice actual medicine rather than just push insurance paperwork, but the lack of people overall will require leveraging of technology to fill the gap. Technology that is currently being used to burn up our aging infrastructure for the benefit of the Epstein class.
The next few years are going to be filled with grueling work just to ensure we don't have collapse of social order.
Your argument rests upon the inaccurate assumption that because things are what they are, that it is inevitable that they will stay the same.