Senior Housing & Living Opportunities In China Ripe For The Picking

chinaflag Think the US market is the only high-growth/high-opportunity area for senior housing?  Think bigger.  Think China.  A recent article in ShanghaiDaily.com and on the Chinese version of Knowledge at Wharton discussed how the traditional view of aging is China is changing from children caring for their parents to the use of Western Style senior living facilities.  The article provides a high-level overview of the aging population’s options when it comes to senior care and shows that a number of features from western senior housing projects are becoming more common but those are relegated mainly to the luxury market versus the mass market that most Chinese are able to afford.  The article talks about development challenges for foreign corporations seeking senior housing opportunities but provides an exciting overview of the possibilities for development.

For the full Wharton article, click here.

For the Shanghai Daily version, click here.

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