A recent survey from RBC Royal Bank found that 42% of small business owners in Canada are baby boomers and 24% are millennials. And who are the largest groups of homebuyers in the country? Boomers and millennials.
The residential streetscape is in for a change with cities across Canada approving bylaws to allow for more housing per property. Will it completely fix the tight rental market? No. But, it’s definitely a step in the right direction.
Is it time to downsize? Perhaps you’re trying to convince your parents to sell their large detached home and move into something more manageable and maintenance-free. You should tell them about Upper Mill Pond in Hamilton.