Staying at home longer to become homeowners? - ARCHIVED

Articles and reports: 11-008-X200700610378


According to some sources, many young adults are living with their parents longer (or returning after their initial departure) in order to save so they can purchase their own home when they eventually leave their parents' home. How closely does this theory reflect reality? This article examines whether there is a link between the age at which young people leave home, and the likelihood that they become homeowners in their 30s.

Issue Number: 2007006
Author(s): Turcotte, Martin

Main Product: Canadian Social Trends

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