This question is prompted by a comment in a question I asked previously regarding the finances of aging parents (assets include a small savings and some property). I will summarize the comment as follows:
If a high dependency care unit is a realistic possibility for an aging parent, then selling property might not be a good idea. The government is going to make the parents use up all their cash before providing aid. Whereas, they'll leave the house out of the equation as long as the person requiring care expresses a desire to return to that home. If the person doesn't express that desire then they'll force them to sell the home and use up all that cash to pay the care costs before providing aid.
Is this accurate? Can someone shed light on this for me?