“Over the next two years London’s household growth will be concentrated in the age groups occupied by millennials and baby boomers.”
2015 CMHC forecast for London calls for modest growth
“Condo living, while appealing to retirees, is also becoming increasingly popular with people busy with demanding careers for many of the same reasons. Not having to worry about shovelling snow, cutting grass or tending to gardens gives the condo owner freedom to spend leisure time doing what they enjoy.”
Condo living gaining appeal among all ages
“The London Plan is also about creating the City where all Londoners have the opportunity to live, work, play and prosper.”
The London Plan
“The weight of Millennial influence on the economy and housing market will be significant over the next five years – Generation Next has become Generation Now.”
Millennials and Their Homes: Still Seeking the American Dream
“Companies of all sizes, and across all sectors, need to know how they are going to recruit, train, retain, and advance these employees as Boomer retirement accelerates.”
Millennials are now the biggest generation in the Canadian workforce
“We found that the highest premiums for walkability are in the most walkable neighborhoods (SSWS greater than 90): a 1 percent increase in walkability yielded a $1,329 increase in property values; a 1 percent increase in sidewalk density generated a $785 increase in property values.”
Economic Benefit of Increasing Neighborhood Walkability: Is it a Myth?
“Besides making cities more affordable and architecturally interesting, tall buildings are greener than sprawl, and they foster social capital and creativity. Yet some urban planners and preservationists seem to have a misplaced fear of heights that yields damaging restrictions on how tall a building can be. From New York to Paris to Mumbai, there’s a powerful case for building up, not out.”
How Skyscrapers Can Save the City
The London, ON., skyline is seen in this undated photo. (Tourism London)
