Please check out this article from The Toronto Star
Canadian millennials have another reason to resent baby boomers. First they reaped the benefit from one of the biggest property-price increases in the country’s history. Now they’re driving up the cost of a country retreat.
Prices of ski chalets, waterfront cottages and other vacation properties jumped 13 per cent across in Canada in the 12 months through June, according to brokerage RE/MAX Integra in a report on Thursday.