The Market Demand Of China's Elderly Housing Development

Aging is the world population development tendency. The change of age structure for population is widely and deeply influencing all dimension of the human social life. Aging population has been identified as the big problem by all countries. The developed countries already start the senior residences development as a mature mainstay of real estate industry since 60s'of 20th century. From this point of view, it can be seen that the aging people's industry has been recognized and valued early by developed countries.The article is conducted to indicate the importance and function of senior residence projects in our country, by analyzing component proportion ratio of the population age, taking consideration of the development of the economics changes old life style, improvement of transportation network and gradually reduction of urban and rural difference, reform of medical system and pension system, and also other multifactor such as geography and weather, cultural moral standards. The article taking reference of our currently existing ways of providing for the aged, analyze cases of senior residence development in North American, European and Japan, study and analyze the remarkable market of senior residence in the future from the perspective of market demands. Base on all the analysis, combined with the policy constructions, social security system and social consideration, we aim to illustrate the importance and uniqueness of senior residence development within the real estate industry, which predict to be a new mainstay industry. We at same time attempt to provide references to the government for policy framing, and to real estate developer for the decision of the rational investment.The research method of this thesis is mainly to analyze examples and facts. The theory component is the part of market and demand in western economics statistics and real estate economics. The main data is collected from governmentpublished statistics information. By the analysis of some collected information, we can draw the regularity conclusion of demand.