“One of their contemporaries just came out of retirement because they cannot sell their home.”

manna from heaven at vancouvercondo.info 29 Aug 2010 3:27 pm“Just came back from a little visit with the folks. One of their contemporaries just came out of retirement (he had only retired two months), because they cannot sell their home. He is in his late 60’s, has had some recent health scares and is going back to a boss that fired him in the past.”

[One of the most urgent sources of inventory that the Vancouver market will have to face over the next five years is that from boomers selling homes that constitute their entire net-worth; their entire retirement prospects. – vreaa]

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