Real Estate

Downsizing – again and again and again

Downsizing - again and again and again

I do not know how to measure this but I am convinced that there are more second hand stores in Victoria, BC than in any other place in Canada.  These stores sell a wide range of clothing, kitchen wares, sporting goods, electronics and furniture.  Some reasons that create both a supply and demand for these stores include: Great options for […]

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When No-Placeness becomes No-Readiness

When No-Placeness becomes No-Readiness

Nothing new in this sentence…the baby boomers’ retirement will be much different from earlier generations.  However, a different perspective is on the temporariness of their lifestyles.  It seems that nothing is permanent any more.  David Houle[1]  has referred to this as “no-placeness”.    The baby boomers have led very mobile lives.  They have changed careers more often than their parents.  They […]

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The ABC’s of Relocation

The ABC’s of Relocation

In this increasingly active era of social media, communicating with just about anyone seems to be possible.  It’s not every day that a CEO of a financial institution responds to me so I’m delighted to show off my twitter exchange with Peter Aceto from ING_Direct. I realize that someone else may be tweeting for Mr. Aceto, but I’m still pleased […]

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The Easiest Loan You Will Ever Get in B.C.

The Easiest Loan You Will Ever Get in B.C.

Property tax deferral programs can vary greatly according to the area you live in.  Home owners age 55 and older in British Columbia who have at least 25% equity in their properties are able to defer their property taxes.  In order to qualify the home  owner must reapply each year.  Details on the rules are here:    http://www.sbr.gov.bc.ca/individuals/Property_Taxes/Property_Tax_Deferment/about.htm .   The age 55+ individual qualifies, […]

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Destuffing Our Lives

Destuffing Our Lives

Many of my friends are opening their vacation homes in preparation for the May long week and the unofficial arrival of summer.  There’s no doubt that it’s a lot of work to “unwinterize” the cottage or cabin.  But for many this seems to be a labour of love as they anticipate sharing time with family and friends.  In some cases […]

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Why Home Improvements will be a Major Expenditure for the Baby Boomers

Why Home Improvements will be a Major Expenditure for the Baby Boomers

I believe that home improvements will continue to be a major expenditure item for the baby boomer generation.  The baby boomers will choose to stay in their homes.  Although on occasion articles are published that project a sell-off in housing as the baby boomers reach age 65, I don’t think this is likely to happen.  The articles never fully explain […]

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From Home Owner to Renter

From Home Owner to Renter

In the past year I have gone from home owner to renter. This occurred as part of a 4,000 kilometre move. I loved the home I owned in Ontario. With the basement it was about 2,700 square feet. The apartment in BC is about 1,000 square feet, plus storage locker.  This move has given me more perspective on the changes […]

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