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Persistent link: https://www.econbiz.de/10005444630
Traditionally, aging Koreans would live with their eldest son’s family. However, urbanization, economic expansion, and changing demographics are contributing to South Koreans considering alternative living arrangements. One possibility is the development of seniors housing, available only on a...
Persistent link: https://www.econbiz.de/10005092431
The Republic of Korea is experiencing demographic, economic, and cultural changes that may create demand for seniors housing in the coming decades. The population is rapidly ageing; pension income is becoming more prevalent; and attitudes are changing about co‐residence. More people are...
Persistent link: https://www.econbiz.de/10014898063
The corporationsí primary aim is to add to the wealth of investors/owners. In order to achieve this aim the corporation sets strategic goals for its business activities. This defines the demands for corporate real estate, which should be linked to the corporationsí strategic goals. The real...
Persistent link: https://www.econbiz.de/10011153550
This paper undertakes the economic impacts coming from a strong retiree migration towards a geographic area. The appearance of retiree migration coming from rich countries is expected to produce relevant reactions on the domestic and local economy. First of all the impact is located on the...
Persistent link: https://www.econbiz.de/10011153797
Housing markets has growth very strongly during last 10 years in many Spanish areas. Some of them have been receiving increasing number of retiree migrants from the north and central Europe who own houses to live during a part of the year, coinciding with the period of stronger growth on house...
Persistent link: https://www.econbiz.de/10010799524
The paper evaluates the role of retiree migration on housing markets in Orihuela, Alicante, Spain. It checks the flow of migrants from 50 to 65 demanding housing and evaluates the effects on housing construction and prices coming from this phenomena. Analysis is focused on Valencia Community...
Persistent link: https://www.econbiz.de/10010799654
Houses are expensive illiquid long-lived assets traded in an imperfect market. The imperfect nature of the market is a result of several factors, including the heterogeneous nature of the houses, asymmetric information among buyers and sellers, search costs, and transaction costs. These aspects...
Persistent link: https://www.econbiz.de/10010800125
The population is aging in Finland as in other Western countries. While most elderly residents prefer to age in place, some relocate because of push factors that create stress in their current homes and pull factors that attract them to a new dwelling. In last ten years, independent living...
Persistent link: https://www.econbiz.de/10010800627
Retiree migration in Europe has been an increasing phenomenon during last fifteen years from the North countries to the South. Spain has been one of the primary destinations for this group and they have tended to concentrate in only some coastal and very warm areas, like Alicante, Islands and...
Persistent link: https://www.econbiz.de/10010834695