PE squeezing hospitals, nursing homes, and rent is a new thing. Look at rents - the inflation of them is not something that happened in the past.
In the case of rents, the evil landlord raising rents and kicking people out is a trope you see in 1910s fiction. (probably before that, but I haven't personally read much fiction older than about 1910)
I just don't see a reason to believe that. I've seen things change dramatically in my lifetime.
So I'm asking why you think nostalgia is more powerful than: 1. the dominant narrative 2. The possibility of that narrative being true and living it.
Old people are not easily scammed because they are inherently stupid. It's because they grew up in a time when fewer people were trying to scam them, and are not on guard. I don't think seniors from the Soviet Union have this problem.