Observations, insights and innovations that connect with the 50+ market.
TV programs about house makeovers are common but in Japan the 'Before-After' TV program on Channel 10 focusses on "baby boomer" owners whose intention was to make the house they had owned for many years a place they could live out their retirement in style and comfort. This is a change from previous Japanese views on housing renewal - that if your house was old, you pull... more
A live interview with Martin Soong on CNBC Squawk Box on the Protect Your Wealth Segment, December 23, 2009. In this interview I explain the fundamental difference between younger and older investors is the 'recovery time' and the need to secure wealth. The bouyant attitude in Asia (compared to the west) provides more risk appetite. Furthermore, the Asian desire for tangi... more
It staggers me that the hotel industry seems slow to wake up to the issues and opportunities surrounding the ageing population in Asia while savvy hoteliers in the USA seem to be adapting well. Here are a few examples: In St. George, Utah the Wingate by Wyndham is aiming to be among the dozen or so area hotels to host the The Senior Games' for competitors and their suppor... more
Elderly, retirees trim their houses for more comfortable living. According to this article in Japan Today, some elderly people and retired baby boomers whose children have become independent are hard at work reducing the size of their homes to a more manageable level. If a house is reformed to make it smaller, cleaning it becomes easier, and if a two-story house is rebu... more
Beijing Sunshine Care House opened in January 2008, will triple the number of beds to 700 (and probably fill them all ) this year. The retirement home is seeking to attract the city's elderly with a tropical conservatory, billiard room and calligraphy studio according to this article in The Seniors World Chronicle. This year alone, Beijing will see 15,100 new beds in nur... more
A few places in Australia are expected to attract baby boomers on a grand scale over the 14 years to 2021 based on data from the Department of Health and Ageing (DoHA) analyzed by Bernard Salt and published in The Australian. The leading destination for boomers on the move is Queensland's Hervey Bay (just north of Brisbane). In this quiet beachside town the boomer popul... more
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