How an aging population will change cities, including Vancouver: report

International property group Grosvenor Ltd. has published a report which evaluates and offers commentary on the looming impact that an aging population will have on housing. Silver Cities examines four global metropolisesincluding Vancouver, where 13 percent of downtown residents are over 65 years old

Based in Vancouver since 1953, Grosvenor Americas has several active projects that serve a variety of communities and demographics. Managing director of development for Grosvenor Americas James Patillo explains, “Densification is key to easing the shortage of homes for the elderly to rent or buy. Much of the conversation in Vancouver is around affordability, but the story that is failing to be told is on how the city will serve an aging population.