Who are Canadian millenial potential home buyers? Apparently, - TopicsExpress

Who are Canadian millenial potential home buyers? Apparently, those that are born between 1981 and 2001. Its a mixed bag as to whether they will do better than their parents when buying their first home. Some things to consider are student loans and average house prices (e.g., 10xs more than their parents). So despite historically low rates, they may pay more to service a mortgage. Still...job prospects are relatively bright and millenials are expected to have more buying power because of that. mortgagebrokernews.ca/news/gen-y-clients-pose-challenge-for-brokers-177922.aspx

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