Quote:
Originally Posted by CliffFletcher
Oakridge. Palliser. Braeside. Woodlands. A lot of my friends grew up in those communities, and their parents, who are in their 80s, are still living in the same homes. In my parent’s crescent, there are half-dozen couples who bought their homes in the late 70s and still live there. I walk through Oakridge a lot, and I’d guess a third to half of homes are owned by retirees. You can see it just by the grocery stores in the area - they’re busy at 1 pm on a Wednesday, and the majority of shoppers have grey hair.
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Considering how much seniors seem to love Glenmore Landing it's really a shame there isn't a way they could live right there
Quote:
Originally Posted by TorqueDog
I'm not saying they won't get bought; they will absolutely get bought. But it's creating the wrong type of inventory to solve the housing crisis, young families aren't looking to buy seven-figure executive townhomes, and the current state of the market within a 15 minute drive to the core isn't great either, so people move further and further out to get what they want and we continue to sprawl. you&me captured my thoughts on the subject very well.
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Why is the wrong inventory if it is in high demand (as evidenced by the high prices)?