11.12.2012 - Canada's housing market: A victim of demographics
Demographic trends built up our housing market, and now theyíre going to start pulling it apart. Prepare yourselves, buyers and sellers. The years ahead for housing will look nothing like the last decade. A report issued by Pacifica Partners Capital Management in B.C., describes the housing market as we know it today as a product of a wave of buying by baby boomers in their peak earning years. Now, as they start entering retirement, boomers arenít buying houses any more and the younger generation isnít large enough to pick up the slack...............................................Full Article: Source
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