Vancouver-area seniors tend to be viewed as equity-rich fat cats with paid-off homes to finance their post-employment years. As the myth goes, these folks sell their West Side homes for millions, then relocate to stylish condos or retreats in Sechelt or Qualicum Beach while having enough left over to dole out downpayments on housing for their children.
from http://www.vancouversun.com/business/real-estate/barbara+yaffe+seniors+ready+retire+still+facing/11816061/story.html
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