Daycare centers closing one after another... converted into ”elderly care facilities” in Seoul, South Korea

It has been revealed that the city of Seoul in South Korea is promoting a plan to convert closed "nursery schools" into "elderly care facilities." This is the first time that a local government in South Korea has directly taken such "conversion" action.
This is unusual. The Seoul Metropolitan Government recently held a meeting for its internal employees to discuss the possibility of converting closed daycare centers into nursing facilities. A Seoul Metropolitan Government official said, "We are currently considering the possibility of converting closed daycare centers into nursing facilities.
"We are considering a support plan for the redevelopment of the facility when it is converted into a nursing home for the elderly," he said.
The reason why South Korea has started to develop "nursing homes" is because it is already facing a super-aging society.
In South Korea, a falling birth rate and a rapidly aging population have put daycare centers, kindergartens and other institutions in financial difficulty.
According to Seoul city childcare statistics, the number of children in childcare will increase from 243,462 in 2014 to 1
The number of nursery schools during the same period also fell from 6,787 to 4,431. Meanwhile, the demand for elderly care facilities increased significantly, and the number of elderly care facilities in Seoul
According to a report titled "Analysis of Regional Supply-Demand Adequacy of Elderly Care Facilities" published in July by the Korea Institute for Health and Social Affairs, Seoul is expected to have four
However, the capacity of Seoul City's nursing facilities last year was 16,318, an increase of only 1,264 from five years ago (15,054).
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