CLOSED: This discussion has concluded.

When the time comes to downsize

I live in a rural setting just outside of Trail. Most of my neighbours are retired and we are all enjoying the community at present. As we age, our homes and properties will become a burden that we may not be able to sustain. However, at present, there are no options for us to downsize. Ideally, purchasing a condo in downtown Trail would be the best solution so that we have homes that we still own but that require less upkeep and are within easy distance of all the services and amenities that independent seniors require. Unfortunately, there are no such types of accommodations in downtown Trail and yet there are seemingly abandoned buildings and building sites that could provide homes for families and seniors. Perhaps the government could look at creating stimulus for builders/contractors to develop more housing in Trail by offering tax and other financial incentives. In addition, current owners of buildings in the downtown core that have apartments above businesses could be encouraged through financial means to renovate and create spaces for families and others working downtown who prefer to rent. Once these homes are occupied and residents are paying property tax and stimulating the local economy of downtown businesses, the return on investment should be greater over time than the initial expense. Having a more vibrant city in the evening hours with more foot traffic could, over time, also encourage more tourism into the area which would further contribute to the economy.

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Consultation has concluded