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To add to my reply, it appears that - rather than "plummeting" since 2011 - homeownership went up even more recently and actually peaked in 2019: > About two i
by wasimanitoba 3y ago
To add to my reply, it appears that - rather than "plummeting" since 2011 - homeownership went up even more recently and actually peaked in 2019:
> About two in three Canadians lived in an owner-occupied home in 2022. Since 2017, the home ownership rate in Canada has fluctuated and in 2019, it peaked at approximately 68.6 percent. In 2022, this figure was slightly lower, at 66.5 percent.
https://www.statista.com/statistics/198969/home-ownership-rate-in-canada-since-2003/#:~:text=About%20two%20in%20three%20Canadians,slightly%20lower%2C%20at%2066.5%20percent https://www.statista.com/statistics/198969/home-ownership-ra...
- ZoomerCretin 3y ago> *owner-occupied home* If I'm living at home with mom and dad, and they own their home, I'm technically living in an owner-occupied home, aren't I?
- wasimanitoba 3y ago2/3 of Canadians living in a home their family owns is still far from a situation where a critical mass of voters are demanding pro-renter housing policies. Even those living at home with parents will be benefiting from the status quo when they eventually inherit their parent's property.