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What has, and hasn't, changed about owning a home in your 30s

CBC·Tara Carman·23 days ago
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#millennials#boomers#cent#likely#less#photo
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British Columbia Statistics Canada confirmed this week what has long been known — millennials today are more likely to live with their parents and less likely to own homes than baby boomers were at the same age. But the data also offered new insights into what hasn’t changed over the years: among married boomers and millennials between the ages of 25 and 39, rates of home ownership are essentially unchanged. Millennials are less likely than boomers to marry, have kids — especially in Vancouver Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Thirty-six per cent of Metro Vancouver adults between the ages of 25 and 39 in 1991 owned single detached houses. By 2021, that figure was down to 12 per cent.…

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