Any thoughts on what sorts of things will likely happen as the population ages? I can't quote specific stats, but my understanding is that populations in both Canada and the US are starting to have higher proportions of older individuals than. The effects of this will probably take about 5-15 years to begin to really kick in. The reason I bring this up is that I suspect that we could end up with a surplus of housing, rather than the current "shortfall" (cough, cough) that we are experiencing. Older individuals will likely look to move into condos, retirement complexes, nursing homes, etc. over time. Many people will likely be looking to sell their homes for financial reasons, will die off of old age/illness, etc. So yes, I'm a bit tired as I write this, but I'm hoping to start some discussion on this particular demographic issue and what sort of impacts it could have on the housing market.