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Old 03-19-2021, 01:35 PM   #312
Fighting Banana Slug
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Quote:
Originally Posted by CliffFletcher View Post
Seniors and empty nesters are the natural market for suburban condos. I live in an older suburb and there are a bunch of adult-only complexes in the community. A lot of older people like the suburbs for their quiet, familiarity, and perceived safety, but they reach a point where they need less space and they don’t want to deal with shovelling and yardwork anymore. A condo suits their needs, but the appeal of Bankview or Bridgeland would be lost on them.

A new condo and professional building complex was planned for the Oakridge co-op, clearly marketed at seniors in the area, and there was a lot of buzz about it. But the development seems to have been delayed or put on hold.
The condos in my 'burb seem to attract a disproportionate number of divorced men. Presumably to stay close to the family who remain in the original home. I have to think that demographic will remain strong.
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