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In the new China, demand for housing for seniors is real.
In a development that would astound Confucius, special housing complexes for the elderly are springing up in China. They are a blip statistically, but an astonishing blip. For centuries, ancient traditions dictated that children were responsible for taking care of their elders, and children obeyed. Several generations often lived under one roof.
Some figures show the change. Today in China there are roughly 266,000 beds in nursing homes, up from virtually none 30 years ago…