The retirement downsizing myth: No, seniors aren't moving in droves — and that will affect the housi

Retirement community developers, for-profit retirement homes, and aspiring young homebuyers are all counting on aging seniors to downsize their homes. While some seniors will move to a smaller home, what if they do not downsize to the degree expected? A recent survey by Ryerson’s National Institute on Ageing found that 91 per cent of respondents would try “to live safely and independently in their own home as long as...