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Ep 8 Housing Crisis & Rising prices in Niagara | Guest Niels Rasmusen
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Join us for an insightful discussion on the changing demographics and real estate landscape in the Niagara Region on episode 8 of The Hendrick Experience Podcast. In this episode, veteran realtor Niels Rasmusen joins host Jerry to delve into the shifts they've witnessed over the years and the current state of affairs in Niagara.
Born and raised in Niagara Falls, Niels brings a unique perspective to the table, having seen the region evolve firsthand. From the influx of immigrants in the post-war era to the recent surge in migration from urban centers like Toronto, the demographic makeup of Niagara has undergone significant changes.
The conversation touches on various factors driving these changes, including affordability, job opportunities, and lifestyle preferences. With the advent of remote work during the COVID-19 pandemic, many individuals and families have chosen to relocate to Niagara in search of a better quality of life.
Niels and Jerry explore the challenges posed by rapid population growth, such as housing shortages and rising property prices. Despite these challenges, they emphasize the importance of finding a balance between welcoming newcomers and preserving the character of local communities.
Throughout the episode, Niels and Jerry offer valuable insights for both buyers and sellers navigating the Niagara real estate market. They discuss the impact of fluctuating interest rates on affordability and provide practical advice for those considering a move.
Whether you're a long-time resident or a newcomer to Niagara, this episode offers valuable insights into the region's past, present, and future. Join us for an engaging conversation on The Hendrick Experience Podcast!
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