“Policymakers have known this was coming for about 50 years. So it’s already sort of baked in,” says Mike P. Moffatt, Senior Director, Policy and Innovation at Smart Prosperity Institute, who authored a report last year, saying that Ontario needs to add one million homes over the next decade to keep up with population growth.
“Baby boomers are an incredibly diverse group with a wide range of lived experiences, preferences, expectations, challenges and opportunities,” says Maxwell Hartt, assistant professor at the school of urban and regional planning at Queens University, who acknowledges that a demographic shift is underway.
Dixon, whose two top products are stairlifts at homes and wheelchair ramps, says as the population ages manufacturers are also coming up with newer solutions. Biglieri rejects the term Silver Tsunami saying that it paints getting older as a “burden on society” and sees it as an ageist view of older adults. To her, the emerging questions are weather we should invest in lifts like the ones seen in long-term care homes at people’s houses for example.
It used to be like that when we were actually building . Boomers need a place to downsize. We aren't building places for seniors to downsize. People will stay in their houses till they die. I know I am one of them.
people have been saying that for decades. if they remotely believed it they would have built a lot of smaller homes
Staying in your home has become easier over the years. It's not difficult to find companies to do snow removal and lawn care at a small fraction of what condo fees are.
Oh but wait you have so many 'advocates' screaming about a housing crisis, and yet millions of homes will be going on the market in the next decade.
Canadian boomers are the greediest, most self-serving generation of people the world has ever seen. Whatever happens, you can be assured the boomers will prioritize their own indulgent lifestyles above the wellbeing of their children and grandchildren.
I think that's the least if the housing market's issues.
Homeowners should be permitted to transfer home ownership to a child tax free.