South Korea’s Elderly Population Exceeds 20% for First Time
More than 11.25 million people are now 65 or older, and reforms have opened the market to institutional capital and rental senior housing.
5 Articles
5 Articles
The proportion of the working-age population (15–64) fell below 70% for the first time last year. Conversely, the proportion of the elderly population aged 65 and over exceeded 20% for the first time, making the demographic shifts caused by low birth rates and an aging population more pronounced. The total population increased slightly, driven by an increase in foreigners despite a decrease in the number of native residents. However, the pace of…
(Sejong = Yonhap News) Reporter Ahn Chae-won = Last year, South Korea's elderly population increased by more than 600,000 in one year, exceeding double the youth population.
Understanding the Differences in Senior Living Options
Photo by Vitaly Gariev on Unsplash Navigating the world of senior living can feel overwhelming due to the variety of options available. Each type of community is designed to meet different needs, preferences, and levels of independence. Understanding the distinctions between them is the first step toward finding the right environment for yourself or a family member. This guide breaks down the primary senior living options to provide clarity and …
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