Quote:
Originally Posted by djmk
I wonder what will happen to property values when the baby boomers start dying off en mass. They are a significant portion of our population, they are not being replaced by either new babies or immigrants and the early boomers just turned 71.
20 years from now it might be a totally different city.
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My 70 year old boomer parents have been living off house income for 10 years now. Cleveland dam area to Deep Cove to Central Lonsdale to Parkgate has led to multi-six figures in their pockets each time. At least two of those sales were to Chinese people.
The last move was almost to Salt Spring Island but they pulled out after making an offer. The gulf islands seem to be a last stop for many of the "old stock."
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