Bricks & mortar, Bricks & Mortar!...

At the start of the summer a famous economist came to Spain in order to speak at a forum of some sort. He praised the current health of Spain's economy and its model (where there is more construction than in Italy, France, and another EU country that I forgot combined)

The problem being is that his argument was: it does not matter that all this construction is for retirees from other European countries. They will need health services once they are here after retiring.

Well, that is if those other EU countries reverse their demographic collapse and have enough young people that make enough money to pay for these retirees.

If one puts the effort of several universities (spanish) to lure chinese students here. Where the local researches are leaving because the "Ramón y Cajal" program is a failure wit the brick and mortar culture one has to wonder what are they thinking?