Baby Boom Era Pros And Cons
FUTURE EFFECTS OF THE BABY BOOM ERA
The Baby Boom is a demographic phenomenon that occurred after the Second World War, from 1946 to 1965. In fact, about eight million Canadian people were born in this period, causing economic, social, cultural, and political changes in each stage of their growing process (Statistics Canada, 2013). Currently, Baby Boomers have started to approach the last stages of their lifespan, reaching formal retirement from work and therefore an increase in leisure time (Cavanagh and Wendy, 2012). In fact, provinces as Ontario and Alberta, as well as, cities as Toronto and Vancouver will experience some of the effects of their retirement, specially in areas such as senior centres, public services, the organization of companies, …show more content…
Cavanagh and Wendy (2012) argue that the current state of libraries in Toronto, specifically the seniors’ services, does not match with the necessities of the boomer generation. Hence, public libraries will need to search for innovative re-assessments in their physical venues, as well as, in the conceptualization and practice of their services. First, despite Baby Boomers enjoy high technology skills, they will continue to demand physical areas to read. (Cavanagh and Wendy, 2012). In fact, Cavanagh and Wendy (2012) agree that in the future, there will be an increase in both the awareness for accessibility and the necessity for reading material. They also argue that accessibility will need to be redesigned to allow Boomers to access to the library. Parking lots, the use of ramps in entrances, and work stations compatible to wheelchairs are expected to rise in importance in Toronto libraries (Cavanagh and Wendy, 2012; Long, 2005). Second, current deficiency on specific programs for older adults will cause changes in public libraries. Cavanagh and Wendy (2012) indicate that due to the increase of disability and the need of support services that maintain Boomers’ independence, the creation of an age-friendly “transgenerational environment” will be relevant in future. In fact, libraries will need to cover aspects such as …show more content…
(Pittis, 2015) In fact, due to Baby Boomers are looking for getting the maximum value from their single-family homes, a future increase in this specific market will make prices to reach a maximum value at certain point, resulting in a period of decline. (Ireland, 2015) For instance, Edmonton will present a reduce in housing prices due to both the large supply of homes in the market and economic issues related to the decline of Alberta’s oil extraction. As Pittis (2015) states, the combination of both factors will cause a reduction in the housing demand since there will be fewer buyers compared to the number of Boomers competing to sell their homes. In Ontario, there will be similar consequences, however, they will vary depending on where and what type of house is in the market. (Pittis, 2015) For instance, inner Toronto may not be hardly affected because its convenient place allows a limited number of single-family homes with a high demand from buyers. In contrast, sixty-four percent of inhabitants in the Great Toronto Area demonstrate being worried about a possible downturn in the real estate prices. (Ireland, 2015). In London, for instance, the vast space for construction will not provide the city with an scarcity value, reducing even more the housing prices in the area. (Pittis,
The Baby Boom is a demographic phenomenon that occurred after the Second World War, from 1946 to 1965. In fact, about eight million Canadian people were born in this period, causing economic, social, cultural, and political changes in each stage of their growing process (Statistics Canada, 2013). Currently, Baby Boomers have started to approach the last stages of their lifespan, reaching formal retirement from work and therefore an increase in leisure time (Cavanagh and Wendy, 2012). In fact, provinces as Ontario and Alberta, as well as, cities as Toronto and Vancouver will experience some of the effects of their retirement, specially in areas such as senior centres, public services, the organization of companies, …show more content…
Cavanagh and Wendy (2012) argue that the current state of libraries in Toronto, specifically the seniors’ services, does not match with the necessities of the boomer generation. Hence, public libraries will need to search for innovative re-assessments in their physical venues, as well as, in the conceptualization and practice of their services. First, despite Baby Boomers enjoy high technology skills, they will continue to demand physical areas to read. (Cavanagh and Wendy, 2012). In fact, Cavanagh and Wendy (2012) agree that in the future, there will be an increase in both the awareness for accessibility and the necessity for reading material. They also argue that accessibility will need to be redesigned to allow Boomers to access to the library. Parking lots, the use of ramps in entrances, and work stations compatible to wheelchairs are expected to rise in importance in Toronto libraries (Cavanagh and Wendy, 2012; Long, 2005). Second, current deficiency on specific programs for older adults will cause changes in public libraries. Cavanagh and Wendy (2012) indicate that due to the increase of disability and the need of support services that maintain Boomers’ independence, the creation of an age-friendly “transgenerational environment” will be relevant in future. In fact, libraries will need to cover aspects such as …show more content…
(Pittis, 2015) In fact, due to Baby Boomers are looking for getting the maximum value from their single-family homes, a future increase in this specific market will make prices to reach a maximum value at certain point, resulting in a period of decline. (Ireland, 2015) For instance, Edmonton will present a reduce in housing prices due to both the large supply of homes in the market and economic issues related to the decline of Alberta’s oil extraction. As Pittis (2015) states, the combination of both factors will cause a reduction in the housing demand since there will be fewer buyers compared to the number of Boomers competing to sell their homes. In Ontario, there will be similar consequences, however, they will vary depending on where and what type of house is in the market. (Pittis, 2015) For instance, inner Toronto may not be hardly affected because its convenient place allows a limited number of single-family homes with a high demand from buyers. In contrast, sixty-four percent of inhabitants in the Great Toronto Area demonstrate being worried about a possible downturn in the real estate prices. (Ireland, 2015). In London, for instance, the vast space for construction will not provide the city with an scarcity value, reducing even more the housing prices in the area. (Pittis,