Real Estate

Relocating older adults – the humble rental apartment (part 4)

Relocating older adults - the humble rental apartment (part 4)

Part 4 in the series on relocating older adults looks at the rental apartment.  Often, when family and even financial advisors consider housing options for an older adult, there is a ‘leap’ from private home ownership to a seniors or retirement residence.  There are reasonable options in the middle and one in particular, the rental apartment, seems to be overlooked.  […]

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By |February 26th, 2014|Real Estate|0 Comments

The heavy emotional reasons older adults resist relocation (part 3)

The heavy emotional reasons older adults resist relocation (part 3)

The next three relocation resistors are some of the most emotional for older adults and for their family.  The concerns become ‘verbal bombs’ that are dropped, quickly spreading damage and few of us have the where-with-all to deal with them.  Unfortunately ignoring the issues won’t make them go away.   I want to die in my own home.  It’s the proverbial – […]

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By |February 21st, 2014|Real Estate|0 Comments

More reasons older adults resist moving (part 2)

More reasons older adults resist moving (part 2)

This earlier blog (http://agenomics.ca/?p=1372) discussed the top five resistors that older persons often bring up when considering downsizing.   Three more resisters discussed below may require some patience to resolve but many people have managed to move forward even with these concerns: Where will I put <insert loved furniture piece> in a new place?   Often older persons will own furniture that […]

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By |February 12th, 2014|Real Estate|0 Comments

Reasons older adults resist relocation (part 1)

Reasons older adults resist relocation (part 1)

Moving is a major change for most of us.  It’s physically exhausting, often emotional even if it’s your choice to move, and it has financial implications.  For older adults, moving can be an even greater challenge and their resistance to moving can be strong.  Unfortunately too many older adults delay their move, often until it becomes too late, and there […]

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By |January 30th, 2014|Real Estate|1 Comment

Does the end of cottage season mark the time for selling?

Does the end of cottage season mark the time for selling?

The summer cottage, home, or cabin is often the most emotionally volatile of family assets.  Whether it’s about the great memories, ownership status, or a refuge from hectic lives, it is held dear across the generations.  The generational transfer of the cottage, or its sale, is often traumatic.  One family  struggling with this issue has four third generation owners for […]

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By |September 25th, 2013|Real Estate|0 Comments

Does it make sense to move your aging parents closer?

Does it make sense to move your aging parents closer?

It can be very challenging to assist aging parents who live geographically distant from you.  It is difficult to fully appreciate the challenges they may be facing on a day-to-day basis if you cannot see the changes taking place in their lives.  Many boomers talk about moving their aging parents closer to them, but this idea comes with many challenges.  […]

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By |September 13th, 2013|Real Estate|0 Comments

Downsizing Madge and Phil [1]

Downsizing Madge and Phil [1]

A recent study in the U.K.[2] reported that people aged 60 and over own £1.28 trillion in housing stock.  The report goes on to discuss the desire on the part of many older people, especially those in houses with three or more bedrooms, to downsize to a more manageable property.  Older people are living in homes with more space than […]

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By |September 12th, 2013|Real Estate|0 Comments

Aging populations & real estate investing

Aging populations & real estate investing

The upcoming real estate investment summit in Edmonton(1) caught my eye as an even that is likely to be well-attended by a highly engaged audience.  Big name speakers are on the agenda reflecting the broad appeal that real estate investing holds for Canadians.  Edmonton is an ideal location for this topic being the capital of the affluent province of Alberta.  […]

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By |August 13th, 2013|Real Estate|0 Comments

Options for Aging-in-Place – Co-housing

Options for Aging-in-Place – Co-housing

Two questions I am hearing a lot these days, especially from boomer-aged women are:  “Where am I going to live?” and “Who is going to look after me?”.  A new housing trend, at least in North America, called co-housing, may provide the answer.  Originally from Europe, this housing approach supports healthy aging, provides community and quality of life.  It’s not surprising […]

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Your retirement as a mini-real-estate-mogul

Your retirement as a mini-real-estate-mogul

Retirement could be a good time to become an investment property owner.  It can provide an opportunity to improve a run-down property for those who enjoy this type of thing. Others may consider a rental property in a warmer climate.  Retirees are likely to have more time on their hands to prepare and monitor a rental property and often bring […]

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