Gen Z’s housing struggles are worse than generations past

from The Decibel · host The Globe and Mail

In the second quarter of 2022 housing affordability in Canada saw its “worst deterioration” in more than 40 years. At the same time, rents across the country are skyrocketing. For young adults between the ages of 25-29, that means living on your own is more out of reach than ever – even if you’ve graduated from university and have a full-time job.Personal finance reporter, Erica Alini crunched the numbers to get a snapshot of just how expensive it is for young adults trying to find a place to live right now.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

In the second quarter of 2022 housing affordability in Canada saw its “worst deterioration” in more than 40 years. At the same time, rents across the country are skyrocketing. For young adults between the ages of 25-29, that means living on your own is more out of reach than ever – even if you’ve graduated from university and have a full-time job. Personal finance reporter, Erica Alini crunched the numbers to get a snapshot of just how expensive it is for young adults trying to find a place to live right now.

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Gen Z’s housing struggles are worse than generations past

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How long is this episode of The Decibel?

This episode is 18 minutes long.

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This episode was published on October 7, 2022.

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