Property News · November 28, 2018

In China, developers experiment with retirement homes as families rethink cultural expectations about caregiving


Longfor Group Holdings is the latest mainland Chinese property developer to jump in to experiment with retirement homes for the country’s growing older population – already the largest in the world.
But, like other developers, it is moving cautiously because of the deeply ingrained Chinese expectation that children must care for their elderly parents. It’s known as yang er fang lao – “raise children to support your old age.”
That expectation, however, may…

Source : South China Morning Post
Read more…In China, developers experiment with retirement homes as families rethink cultural expectations about caregiving