Why Aren't Millennials and Gen Z Buying Homes? | Canada's Real Deal | Real Estate Podcast

Welcome back to Canada's Real Deal. In this episode, we dive deep into a pressing question: Why are home ownership rates among Millennials and Gen Z decreasing? 🧐 How quickly are these rates falling compared to the past? The key economic factors driving the decline in millennial home ownership include rising home prices, more barriers for qualification, needing generational wealth and support from parents, amongst other factors. Additionally, shifting priorities and lifestyle choices play a huge role in this trend. Don't miss out on understanding the forces reshaping the housing landscape! 👉 Tune In Now! Hit play and join the conversation. Subscribe for more in-depth discussions and expert advice on the world of real estate.