A survey reports that baby boomers want to downsize and/or move out of the cities. This could make a huge effect on the housing market as they begin to sell their family homes. CBC said, "Phil Soper, CEO of Royal LePage, said smaller, touristy towns — he cited Collingwood, Ont., and Tremblant, Que., as examples — have gained appeal because they have similar amenities to big cities like hospitals, movie theatres, restaurants, with a 'country feel.'" We are happy to help anyone move out to Kawartha Lakes! It sure is a wonderful place to be.
More than half of Ontario baby boomers consider big cities unaffordable for retirement, according to a new survey from Royal LePage. So they're considering moving out, or downsizing. That means that baby boomers are looking to re-enter the housing market by selling their family homes. The survey polled 1,000 Canadians, born between 1946 and 1964, online between July 12 and July 17, 2018. Ontario respondents were the most likely to consider downsizing — about half said they were considering smaller spaces.
A survey reports that baby boomers want to downsize and/or move out of the cities. This could make a huge effect on the housing market as they begin to sell their family homes. CBC said, "Phil Soper, CEO of Royal LePage, said smaller, touristy towns — he cited Collingwood, Ont., and Tremblant, Que., as examples — have gained appeal because they have similar amenities to big cities like hospitals, movie theatres, restaurants, with a 'country feel.'" We are happy to help anyone move out to Kawartha Lakes! It sure is a wonderful place to be.