The suburban dream is alive and well.
Close to half of baby boomers – 43.5 per cent – planning to move to another primary residence said in a recent survey they’re seeking a home that is just as big or bigger than their current property.
That goes against the perception that the boomer generation would create an oversupply of single-family homes as they move into smaller residences, says a new Royal LePage Real Estate survey.
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/nearly-half-of-baby-boomers-dont-plan-to-downsize-report/article9057428/