This article theorizes that as the Baby Boomer retire and downsize, there will not be sufficient numbers of buyers to sustain the current real estate market prices, which in turn will cause housing prices to drop; however, theories do not constitute facts. The author failed to account for immigration. So long as current immigration levels are sustained or increased, there will be new money coming into Canada to buy boomers’ homes.

Please click the link below to view the full article:

http://business.financialpost.com/2012/10/30/how-house-prices-depend-on-demographics/

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