Baby Boomer and Canada's Housing Market Homework

Baby Boomer and Canada's Housing Market Homework - Toronto...

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Toronto Star Staying put: Baby boomers not selling, skewing Canada’s housing market On Monday March 18 th , Toronto Star published a real estate article featuring the housing market regarding the senior baby boomer population named “Staying put: Baby boomers not selling, skewing Canada’s housing market.” The article tries to inform readers about the reality of the housing market nowadays as the seniors are not moving out of their home when they reach retirement age and choose to stay. This makes it harder for younger generations to find suitable housing because of the advancements in medical care and modern day technology, “today’s seniors are healthier, wealthier and living longer than prior generations. They are increasingly likely to own their own home and live in their homes longer.” Seniors are usually too comfortable and attached to their communities to move, they love their garages and they love their yards. For the seniors there
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