Boring Business Nerd
Posts
Developers see green with luxury retirement homes

Developers see green with luxury retirement homes

The homes are part of a booming economy catering to the needs of a rapidly aging America.

Kieran Ryan
October 03, 2024

In partnership with

TODAY’S STORY

South Korea is seeing growing demand for luxury retirement homes.

Such homes resemble a 4-star resort more so than a nursing home or assisted living facility. The Signum Haus, a luxury 230-unit facility in upscale Gangnam, includes indoor golf practice ranges, a movie theatre, meditation rooms, and fine dining.

At least 9 major projects for private luxury retirement homes have been announced in South Korea, the most of any year in the past decade, representing billions of dollars of investment.

Developers see a similar business opportunity arising in America, where the vast majority of the population is also aging rapidly.

Some examples include Risor in the Twin Cities and Avidor in Chicago.

This offer is scary good

Why bob for apples when you can get one, guaranteed? That's right, take a demo of BILL Spend & Expense and we'll give you new AirPods 4.¹

See how you can take control of overspending, prevent fraud, and close the books in record time thanks to automated expense reports.

Demo BILL² and get a pair of AirPods 4—with noise canceling—so you don't have to hear that cackling witch decoration go off for the thousandth time.

Request a demo

^₁_{Terms and Conditions apply: See offer page for more details.}
²_{Card issued by Cross River Bank, Member FDIC, and is not a deposit product.}

#SHORTS

The outsized impact of “middlemen” on U.S. drug prices

@boringbusinesskieran
The outsized impact of “middlemen” on U.S. drug prices // Make sure to follow me to keep up with the latest business stories and trends #b... See more

Watch on: TikTok, YouTube, Instagram

PREVIOUS STORIES

How Netflix Solved Its Password-Sharing Problem — Netflix added 22 million subscribers in 2023 from its password-sharing crackdown.
Apple Pay or We Don’t Pay — 78% of Gen Zers say they’d stop shopping at merchants that don’t accept digital wallets like Apple Pay and Google Wallet.
AI Data Centers Go Nuclear — Microsoft’s AI needs so much power it’s restarting the site of the worst U.S. nuclear accident.
How AI is Protecting the Power Grid — Maintaining trees next to power lines is a $10B annual exercise.
Pig-Organ Transplants — How pigs could help end the shortage of organs for transplants.

To read the web version of previous stories, click here

If you have any comments or feedback, just respond to this email.

Thanks for reading,
Kieran & Justin Ryan