Boomers Aren’t Millionaires Anymore — Canada’s $2.9T Collapse Begins 🇨🇦

A 71-year-old in Oakville just learned she’s not really a millionaire. Her “$1.3M” paid-off home has been listed 4 times in 8 months, 3 price cuts, zero offers. She’s bleeding cash and she’s not alone.

Across Canada, an estimated $2.9 TRILLION in boomer housing wealth is trapped in homes that fewer and fewer buyers can actually afford. This isn’t a normal correction – it’s a demographic time bomb colliding with brutal mortgage math.

In this video I break down why so many boomers can’t sell, why younger Canadians are locked out, and why the window to exit is closing much faster than most people think.

👉 What you’ll learn:
• Why “millionaire on paper” doesn’t mean real wealth anymore
• The buyer gap: who is supposed to buy $1.2M 4-bedroom homes now
• How renewals from 2025–2027 can trigger forced sales and foreclosures
• The coming flood of estate sales as the population ages
• The 4 phases of Canada’s housing reset – and where we are right now
• What smart sellers should do now and why buyers should be patient

⏱ CHAPTERS
00:00 The 71-year-old “millionaire” who can’t sell
02:00 Boomer housing wealth vs. real buyers
05:05 Why big suburban homes are becoming unsellable
08:30 Underwater owners and renewal nightmares
10:22 The demographic bomb: inheritance and estate sales
13:20 The 4 phases of Canada’s housing reset
15:22 What sellers must do now (and what buyers should avoid)
17:48 The real wealth transfer and how not to be a casualty

canadian housing market 2025 • gta listings • mortgage renewal shock • power of sale ontario • boomer downsizing • inheritance crisis • housing reset timeline • toronto real estate prices • burlington • hamilton • reit pressure • price to clear


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⚠️ Disclaimer
For educational purposes only — not financial, legal, or tax advice.

#️⃣ Hashtags
#CanadaHousingMarket #TorontoRealEstate #MortgageRenewal #HousingCrash #GTA #Downsizing #RealEstateCanada #HousingReset #Boomers #Economy2025
Boomers Aren’t Millionaires Anymore — Canada’s $2.9T Collapse Begins 🇨🇦