City dwellers could be tempted to treat their house as a retirement plan. But what happens if they don’t want to move when they’re old?

A survey of young professionals by the Toronto Region Board of Trade in 2017 showed 83 per cent surveyed believed the high cost of housing in the area was impeding their ability to save for retirement. But financial experts say the impact of the region’s affordability challenge extends all the way to the relatively well-off and better-pensioned baby boomers, who are hanging on to big houses longer and sometimes risking their own financial well-being to help their kids.