According to the demographic forecasts, worldwide population is both ageing and growing. In many countries the elderly are having difficulties paying for their health care and maintaining their standards of living. Indeed, many elderly face constraints despite wealth. All these issues are also true in Brazil. For instance, according to UN Population Division, the portion of seniors in Brazil is expected to triple from 7% in 2010 to 23% in 2050. The current age structure will begin to shift around 2025, with the labor force shrinking and the elderly starting to constitute an increasing share of the population. At the same time, income from pension funds is often not enough to finance their costs of living.
Our team believes that this is a truly global challenge, as data for other countries show similar trends. Our proposed solution to this issue may have a positive social impact both on the individuals and the government. At the same time, we believe we will be able to offer attractive ...
According to the demographic forecasts, worldwide population is both ageing and growing. In many countries the elderly are having difficulties paying for their health care and maintaining their standards of living. Indeed, many elderly face constraints despite wealth. All these issues are also true in Brazil. For instance, according to UN Population Division, the portion of seniors in Brazil is expected to triple from 7% in 2010 to 23% in 2050. The current age structure will begin to shift around 2025, with the labor force shrinking and the elderly starting to constitute an increasing share of the population. At the same time, income from pension funds is often not enough to finance their costs of living.
Our team believes that this is a truly global challenge, as data for other countries show similar trends. Our proposed solution to this issue may have a positive social impact both on the individuals and the government. At the same time, we believe we will be able to offer attractive financial returns to investors.
Please check below our value proposition, which clarifies on how we work: "For citizens living their golden years, GY Capital - Carpe Diem provides you the capital you need to take the most of them. Whereas banks currently hardly provide you debt, GY Capital -Carpe Diem offers you an unique opportunity to make money out of your RE property, without taking your right to continue to occupy it lifelong. In few words: we buy your house today, you live there forever."
Our team is ready to start this alternative investment Fund, which will invest in a niche portion of the ample Real Estate asset class in Brazil. There is a significant market for such a product in the country, especially in the cities of São Paulo and Rio de Janeiro, where, according to FIPE-ZAP Index, residential prices per m2 more than tripled in the last 6 years. This has resulted in many “old-rich” elderly in the region having highly-valued properties, yet still often struggling to pay even the condominium costs. Furthermore, although fully owning their properties, frequently they have no cash savings. By buying multiple properties, with different risk profiles (e.g. distinct life expectancies), GY Capital - Carpe Diem dilutes the risks it faces as the buyer, and investors benefit by real value appreciation over time.
More information