I was talking to my parents and they said I should look into some sort of business catering to elderly care with the aging population. But I actually pushed back on this, it sounds like it makes sense but It doesn’t.
Elderly care is expensive and labour intensive, most elderly people with money don’t go into elderly care as well. The margins are not great in my thought based on this.
Rich people are spending money not to have to have any sort of dependency when they’re elderly. You do not have to age and get sick like the generations before us, it’s entirely possible to have a full and active life past 70+ and avoid many of the sicknesses that are preventable.
So I would look into new fields of health and longevity instead of elderly care. Things like clinics that utilize peptides, muscle loss prevention tech or health products, exoskeleton technology, etc. This is where the money is in the future for places like Taiwan that’s getting richer and older.
The next trillion-dollar industry is preventing biological decline, not managing it
Recently I spoke to some people in the restaurant / F&B business in Taipei. Business is . . . not good. Consumers are holding on, as the uncertainties of DJT’s moves are not creating confidence—quite the contrary, many people are concerned about what crazy sh&t may be coming down next.
Hush! Don’t tell such tales to @OysterOmelet as he has his unassailable personal fantasies of awesome equality in the 1980s (hint: things were NOT equal) and fantasies of trickle down nonsense in the 2020s (Reagan-era talk that has completely been debunked since its 1980s heyday).
Taiwan should at least try to market itself for tourism. All the tax surplus could have been used to market the country. Sure it might never be a A tier destination like Japan or Thailand, but there is enough for people to come visit as tourists.
I keep running into groups of Filipinas and other SE Asians visiting as tourists. They are well dressed, they are not poor, they seem to be having a good time. More and more they seem to be representative of the current market.
Yeah I saw a lot recently in Kaohsiung also. Same impression. They enjoy Taiwan a lot, safe and easy to get around. Must suck so bad to go back to Manila.
Someone was asking about moving to Shinzu and someone else said there are a lot of non-tech professionals serving tech bros there. Which confirms Moretti’s thesis.
You lived there, big deal. My cousin lives there right now.
You’ve been told directly countless times that your ridiculous misromanization is pointless, and you cheerfully carry on.
I feel that this is an apt analogy for your abstracted and ungrounded economic claims about how some of these communities actually look and act. I’d encourage you to come and have a look for yourself, but this advice is again something you cheerfully disregard. We’re consequently left with more and more long-distance, abstracted, and ungrounded views about Taiwan floated on this forum again and again.
Found it! Search functions not being the best thing about this platform notwithstanding.
This post confirms Moretti’s thesis.
Pray the same happens to Tainan.
Hsinchu is maybe the most American of Taiwan’s cities. Lots of engineers and supporting industries (day care and car detailing are big, for instance). It’s like the US in that most people are here to make and/or design shit, to make as much money as possible while doing so, and while simultaneously raising a family.
