Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How is the aging population impacting the housing market?

Developers are not altering designs to accommodate this age group.
The focus has shifted to more accessible housing options.
This demographic is moving to industrial regions.
The Ontario real estate market remains unaffected.
Rural areas are seeing an influx of these residents.
Off-grid living developments are gaining popularity.

The correct answer is: The focus has shifted to more accessible housing options.

The aging population is impacting the housing market by shifting the focus to more accessible housing options. As individuals get older, they may require homes that are more suitable for aging in place, such as single-level properties or those equipped with safety features like grab bars and ramps. Developers are altering designs to meet the changing needs of this demographic, making it easier for them to find suitable housing options. This demographic is less likely to move to industrial regions or rural areas but instead tends to prefer locations with amenities and services that cater to their needs. As a result, the housing market is adapting to accommodate the aging population by offering more accessible housing options.