The Graying of the World: Germans Export Grandma
The Graying of the World: Germans Export Grandma (Bloomberg)
While many investors acknowledge that the Baby Boomer generation’s creep towards retirement is taxing America’s elder care industry, they have little idea of its global scale. Worldwide — from China to Chelsey — people living longer lives are putting an incredible strain on social services. In fact, in Germany, it’s now not uncommon for families to outsource their elderly to Poland for better services and facilities. This trend shouldn’t escape savvy investors, nor should the opportunity it presents — to invest in global elder care or assisted living companies that are increasing bed count and patient head count.