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Boomers, Millennials and the McMansions No One WantsBoomers, Millennials and the McMansions No One Wants As baby boomers look to downsize out of their suburban McMansions, a generational showdown is looming: Millennials might be coming into their own as the province’s biggest group of first time home buyers, but they aren’t exactly lining up with offers in hand for those large, expensive homes in the suburb’s. Instead they're looking for a different kind of home- the same ones, in fact, that the empty nesters are looking to buy. It’s a battle of the millennials vs. baby boomers playing it out in the province’s suburban housing markets. Younger and older generations alike are gravitating towards smaller dwellings in more urban, walk able suburbs and towns with restaurants and coffee shops around the corner. It’s leading to a real estate woe: Increasing, boomers are getting stuck, because most can’t buy the home of their dreams until they unload their current ones. And many millennials have neither the desire nor the means to help them out. There’s no question that millennials are moving to the suburb’s , but their vision of suburban living differs from the sprawling domains of the boomer generation. For one thing, many younger Canadians are reluctant to give up the excitement of urban life to settle down and start having kids. Millennials who plan to buy a home in the future are waiting because they aren’t ready to settle down yet , or another reason being not able…

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