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Stories Tagged - Baby Boomers

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March 06, 2020 | Andrea Cox

The times they are a-changin': how real estate attitudes & desires differ between generations

Mariah Wilson - Generation Z

Housing situation

Living at home with her parents, while she waits to take occupancy of her new condo.

Housing goals

Wilson recently purchased a one-bedroom condo in the Annex, a new development in vibrant Kensington. She and her partner are excited to move in when the project is completed in late 2020.

Courtesy Statesman Group

Aug. 28, 2019 | Barb Livingstone

Integrated communities: New senior-living options offer variety and amenities

The new face of "senior living" is barely recognizable compared to the old one.

That evolution means community integration instead of isolation; health, wellness and amenity/meal options for a growing group of active residents; and aging in place with staged support for those with dementia and their caregivers.

Gen Y expert Jason Dorsey says today’s ‘digital natives’ are more tech-dependent than ever. Supplied photo

Oct. 11, 2016 | Miles Durie

Tech savvy? Tech huh?

Over-reliance on gizmos could be younger generation's ultimate downfall

A6It's one of those "aha" moments: Speaking to a roomful of baby boomers, bestselling author Jason Dorsey asks the audience to finish the sentence: "Generation Y is tech-...."

"Savvy!" shouts most of the crowd.

Nope, not true, says Dorsey, an expert on Gen Y, or the Millennial generation — people who became adults in the 21st century.

Sano Stante recalls secondary suites as being one of the top issues to come up during his CREB® presidency in 2011. Photo by Michelle Hofer/For CREB®Now

June 06, 2016 | Cailynn Klingbeil

55 Years of Real Estate: 2011 CREB® president Sano Stante

Secondary suites and sustainability highlight Sano Stante's year as CREB® president

The year was 2011: Naheed Nenshi was in his first full year as mayor, secondary suites had become part of Calgarians' daily lexicon and the term "sustainability" had started to creep into community development.

Looking back at it now, then CREB® president Sano Stante noted his year at the helm not only gave him a front-row seat to the action, but an enviable opportunity to influence change.

He noted his work with CREB® in advocating council to legalize secondary suites across the city stands out the most from his year of presidency.

"It's something I was really proud of," said Stante.


Feb. 02, 2016 | Joel Schlesinger

The boomer effect

Aging demographic continues to shape Calgary's housing market

As the largest segment of the population in North America, baby boomers have undoubtedly shaped our world more than any other age group. And their impact on housing is profound.

Now, while this generation, born between 1946 and 1964, is becoming increasingly gray, the real estate industry is responding to their needs for housing.

Many developers in Calgary are turning their attention to high-density high-rises in the Beltline and other centrally located neighbourhoods to reflect boomers' demand for stylish, worry-free living, said Parham Mahboubi, vice-president of planning and marketing at Qualex-Landmark—a Vancouver-based development firm which is the force behind Park Point in the Beltline along 12th Avenue S.W.


Nov. 23, 2015 | Barb Livingstone

Experts warn against willing it away

Proper planning avoids nightmare situation for heirs

What are Canadians, particularly the massive Baby Boomer generation, going to do with increasingly valuable real estate?

According to a new CIBC poll, many of them will be leaving assets, including recreational properties, to heirs in their wills.

And while it may be done with good intentions, Jamie Golombek, managing director of tax and estate planning for the bank's Wealth Advisory Services, says without proper planning, that real estate could end up on the housing market, as those heirs sell properties to deal with all sorts of tax issues.

Convenience, location and amenities drew Laura Routledge, 61, from her larger home in Chestermere to the Bayside Rivairo Townhome Community in Airdrie. Photo by Carl Patzel/For CREB®Now

Nov. 02, 2015 | Carl Patzel

Downsizing in Airdrie

Boomers see opportunities in growing city

Laura Routledge already had a lifetime of large-home living in her rear-view mirror when she first started thinking about moving to Airdrie

"I raised my two kids in Carstairs, so I (was) familiar with the area and watched it grow," said the 61-year-old. "I had a huge house in Chestermere and my husband passed away suddenly six years ago, so that was the incentive to downsize."

With a son and daughter-in-law already established in the growing city just north of Calgary, Routledge packed up her belongings, her two cats and hopes of a more tranquil life in Airdrie.


May 13, 2015 | CREBNow

The shift is on

Calgary demographics influence housing

Calgarians, characterized in a recent report as among the youngest in Canada, are altering the city's housing landscape through a unique set of needs and wants, including a more diverse rental market, work/live spaces, home offices and multi-generational housing.

In its recently released The Changing Face of Calgary report, Urban Development Institute – Calgary and the Canadian Home Builders' Association – Calgary note the median age in Alberta (major urban centres) is a nation-low 36.5 years, and as the "population bulge trends toward youth, housing needs shift."

Nov. 06, 2013 | CREBNow

Boomers: Home Sweet Home

The comforts of home are what a large majority of Canadian's who are retired and those nearing retirement are looking for.

Despite potential health care issues that may arise in their life to indicate they should move from their current residence, an RBC poll shows more baby boomers are choosing to stay home.
Morning News Rundown

Oct. 25, 2013 | CREBNow

Morning News Rundown

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