Seniors are sharing ongoing household expenses and the cost of support services, while each owning an undivided interest in the whole property (not just their exclusive private area) that can be sold on the open market.
Driving Miss Daisy can help clients get to appointments or activities that they may not be able to get to own their own. The company has franchises in British Columbia, Alberta, Saskatchewan and Ontario.
I think the real estate industry can step up to the plate and help every senior in Canada in need of a home. I believe that our provincial real estate associations and CREA can act as champions for our aging population.
A study published by the Quebec Federation of Real Estate Boards (QFREB) says “intergenerational homes are without a doubt an interesting option for promoting at-home care for seniors, while reducing their housing costs".
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.