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Tag Archives: Millennials

Millennial, Gen Z Canadians Homeownership

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Many millennial, Gen Z Canadians need help with homeownership Manulife Bank president and CEO discusses survey findings, strategies to address affordability challenges For years, high housing prices have made homeownership a distant and practically unreachable dream for many Canadians. And according to a new survey from Manulife Bank, which polled around 2,000 adult Canadians, the challenges [&hellip…

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Millennial homebuyers bearing the brunt of income inequality in Canada

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Born into greater income inequality than previous generations, millennial home buyers continue to struggle against enormous fiscal pressures, Statistics Canada suggested in a recent study which found that the top 1% of income earners’ share of national income swelled from 8.9% in 1980 to 13.6% in 2010. The earning differences between millennials and other buyer cohorts are [&hellip…

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