Chart 3
Percentage of people living in owned dwelling, by cohort of 60 years olds in 1985, 60 year olds in 1990 and 60 year olds in 1995

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This is a line chart that illustrates the percentage of people living in owned dwelling, by cohort of 60 years olds in 1985, 60 year olds in 1990 and 60 year olds in 1995.

Each cohort is represented by a line.

The Y axis is measured by percentages and increases by increments of ten from 0 to 100 percent.  

On the X axis from left to right are the age of the cohorts from age 60 to age 80, in increments of one.

The vast majority of 60 year olds in all three cohorts lived in owned dwellings at age 60.  By their mid-sixties, for all three cohorts, there was a significant drop in living in owned dwellings, but then the pattern changes somewhat.  For the 1985 cohort of 60 year olds, after age 67 there was a very gradual decrease in the percentage owning homes, whereas, for the 1990 and 1995 cohorts there was a subsequent increase in home ownership for seniors.

Source : Statistics Canada, General Social Survey