Who Will Care for the Elderly
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canada goose outlet online uk The impact of these trends on the elderly is profound. When young people goose outlet canada move to the cities for jobs, they often leave elderly parents alone in their villages. Indeed, canada goose factory outlet the urban migration of working age children has left rural China far grayer than its cities. Even when grandparents move to cities with canada goose outlet uk their families, those grandparents are often left alone during the day. Consequently, in the new China, the demand for housing for seniors is real. canada goose outlet online uk
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canada goose jacket outlet toronto China has sought foreign investment capital. Canada Goose Jackets UK Some familiar names in Western housing including Seattle based Emeritus, canada goose outlet black friday New York City based Fortress Investment Group, and Des Moines, Iowa based Life Care Services LLC have been invited to discuss possible roles as funders, operators, or consultants. Some of the facilities built so far are hybrids, blending public and private dollars; others are privately owned. canada goose jacket outlet toronto
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canada goose outlet shop Shanghai Holiday Retirement Housing, a joint for profit Chinese American venture, opened in 1998 and closed in 2006. In 2006, Augustinum, canada goose outlet jackets a German company, announced plans to invest more than $100 million to construct a retirement community near Shanghai, slotted to open in 2010; it has stopped construction. In 2008, Rong D International Investment, based in Hong Kong but focused on businesses in and around Chengdu, considered building senior housing near Chengdu, but the land was developed into a vacation community instead. canada goose outlet shop
canada goose outlet edmonton The luxury market is the most robust. A small percentage of seniors in China who want to live in an expensive retirement community can afford to pay for it though with such a large population, that percentage still accounts for millions of people and developers have tapped this market. To address the needs of the great majority of people who cannot afford such a community, the government is discussing pensions, subsidized health care, and rental subsidies canada goose outlet new york city topics familiar to Americans in the housing industry canada goose outlet edmonton.
