Having done the slow crawl commute from Hamilton to Toronto earlier this week, here’s who I wouldn’t want to be in 2 years.
A suburban-living, SUV-driving commuter. With a $250,000 mortgage. And a 4-year lease on a gas guzzler.
You’re going to get hammered at the pumps. Hammered with home heating and cooling costs. And your McMansion in the ‘burbs could soon become the slums and tenements of our future as retiring Boomers and young families return to city cores where there’s public transit and closer proximity to jobs.
Check out this article from The Atlantic (the one magazine everyone should read) about neighbourhoods that are already tipping and the exodus that’s already underway.