Housing prices across Canada have been on a steady climb, with Vancouver house prices leading the way. But what will happen when 10 million or so baby boomers decide to sell their homes and downsize? And when will that happen?
Boom, Bust & Echo author David Foot studies this giant generation as moves through the stages of life. In this Globe and Mail article he suggests that boomer downsizing will be accompanied by a general downsizing of house prices.
Housing prices across Canada have been on a steady climb, with Vancouver house prices leading the way. But what will happen when 10 million or so baby boomers decide to sell their homes and downsize? And when will that happen?
Boom, Bust & Echo author David Foot studies this giant generation as moves through the stages of life. In this Globe and Mail article he suggests that boomer downsizing will be accompanied by a general downsizing of house prices.
