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Jodhan The times they are definitely
changing and from what we are seeing, retirees are moving in with their adult children as part of a
shifting landscape. In Britain this is happening and across Europe they are following suit. In North America this trend seems to be a bit more sluggish but many are saying that it will only be a matter of time before it starts to take off. This trend has been given a quick start by the present economic crisis and families are doing this in order to cope. What we will probably see is a change in what we call the family. Whereas before now society used to consider a family as consisting of primarily parents and children, now we are going to see an extension to this family of an inclusion of grandparents.
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They are not necessarily cannibalizing the market. is a legitimate segment that is growing but we haven’t seen it be a significant factor for the small and medium guys. Even with the cable and MSOs that have taken share, I think that perhaps it is more at the big guy level. ADT and Comcast are going back and
forth while the independent security dealers win business by being local and being a part of the community. ”That is exactly
what Rehman is noticing in his business. “The big companies are growing the market, not taking share away.
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