Posts Tagged ‘housing’

“Thanks Mom and Dad!”: Housing market not accessible for Millennials without help of parents

For Millennials living in Canada’s biggest cities, buying a home is looking farther and farther out of reach. With the price of housing sky rocketing, many Millennials are turning to their parents to help shoulder the financial burden. Experts from HomEquity Bank are reporting a marked upturn in parents who are inquiring about assisting their […]

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Housing recovery leaves Millennials behind

By: Hadley Malcolm and Barbara Hansen USA TODAY July 18, 2013 The house needed work — weatherproofing, a new back fence, a basement to transform into a bedroom — but the couple was excited nonetheless. The house would have been their first. Instead, two weeks after putting in a bid, Mila Gates, 27, and her husband […]

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Road to homeownership ain’t what it used to be says Gen Y: TD poll

TD Canada Trust Canada Newswire April 23, 2013 TORONTO, April 23, 2013 /CNW/ – From high property prices to tighter lending conditions, young first-time homebuyers today say they face challenges that their parents didn’t have to worry about. According to new research from TD Canada Trust, Generation Y (or, Millennials) identifies three main obstacles to […]

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