Why geriatric neighborhoods are on the rise: The new real estate keyword for senior communities
Hospital districts are emerging as a new keyword in the real estate market. We analyze the rise in real estate values near large hospitals in an aging society, regional healthcare disparities, and the competition for new university hospitals in new cities. Table of Contents World's fastest aging society 4x healthcare gap between metropolitan and non-metropolitan areas The sick zone phenomenon started in Chuncheon The battle for university hospitals in new cities Impact of Byeongse-ri on the local economy Frequently Asked Questions Conclusion The world's earliest super-aged society On December 23, 2024, South Korea officially entered the super-aged society, with the number of people aged 65 and older exceeding 20 percent of the population...