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Wednesday, November 22, 2017   /   by Claude Boiron

Three Reasons Young people are buying more and more Real Estate!

While it is easy to point out the youths who prefer to party, travel, and buy expensive things, there is a very real segment of those under 35 years old who value and prioritize home ownership above much else. In the GTA, they have seen a market which just continues to appreciate for more than 10 years, and they worry that if they don’t get into the home ownership market as soon as they can, they may never get in. So which are the specific reasons young people are buying homes, and how are they affording to do so?


As previously mentioned, some buyers are in the market because they know it is the right thing to do (for example, my girlfriend bought an investment condo unit while she was still living at home with her parents), but there is another big motivating factor. Do you remember your first serious love – the one you could see really turning into a life together? That same love is redefining what is most important to it. A 2013 survey conducted by Coldwell Ba ...

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