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Silver Cities – The Real Estate Implications of an Aging Population?

Published on ceelegalmatters.com on February, the 4th

The world is getting older by the minute, and this is a fact.

According to data from World Population Prospects 2019, by 2050, one in six people in the world (16%) will be over age 65. The number of persons aged 80 years or over is projected to triple, from 143 million in 2019 to 426 million in 2050. In the EU, the total cost of ageing (including public spending on pensions, health care, long-term care, education, and unemployment benefits) is expected to increase to 26.7% of GDP by 2070.

Read the whole article here.

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