The world's ageing population could lead to new opportunities for New Zealand building industries, reports Build, the magazine of the Building Research Association.
such It singles out kitset house companies as potential beneficiaries.
Japan is one such market, says Warwick Downing, Trade New Zealand's sector manager for building products and kitset housing.
He says Japan is one country where the ageing population is fast becoming a reality.
Between 1988 and 1998, the number of Japanese people over the age of 65 increased from 13.6 million to 20.4 million.
Forecasts predict a third of the population will be over 65 by 2050.
One Auckland company which makes prefabricated kitset houses has already received a major order from a rest-home developer in Japan.
Japanese big on kitset housing
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