NEW DEMOGRAPHIC

The growth of Canada’s recreational home market is not all about retirees and family vacations, there’s another growing cohort of homebuyers wanting a piece of the cottage and vacation homes market.As more people change the way they work – either as part of the gig economy (temporary/flexible jobs) as freelancers, or by the ability to work remotely – a rising number are shunning the city life for a more relaxed home-working environment.  There seems to be a growing trend for people leaving Montreal, Toronto and Vancouver and basing themselves in the Laurentians or Whistler.As remote working or ‘telecommuting’ becomes more prolific the choice of where to work will expand.Gen Xers remain the largest group of buyers but Baby Boomers are also gaining share as they seek great places to retire.Now it seems, those in the prime of their working lives could be part of that mix too.  It’s all about finding the balance between the financial bottom line and lifestyle.