this post was submitted on 31 Oct 2023
27 points (93.5% liked)
Canada
10258 readers
817 users here now
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Anmore (BC)
- Burnaby (BC)
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Niagara Falls (ON)
- Niagara-on-the-Lake (ON)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Squamish (BC)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Whistler (BC)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL): incomplete
Football (CFL): incomplete
Baseball
Basketball
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- Buy Canadian
- BAPCSalesCanada
- Canadian Investor
- Canadian Skincare
- Churning Canada
- Quebec Finance
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- Ask a Canadian
- Bières Québec
- Canada Francais
- Canadian Gaming
- EhVideos (Canadian video media)
- First Nations
- First Nations Languages
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The fun thing is that you can be lucky and get that first good job, but you're still going to be on the back foot in the housing market when competing against previous generations who have large amounts of existing equity.
43% of people in their twenties living with a parent is not surprising at all given how affordable things aren't.
It sucks out there. I got a good job right out of university at a growing company which put me in a much better financial position than many of those around my age. I'm in my mid 30s and while i could afford a small place, the idea of owning a multiple bedroom place or a house just seems completely out of reach. Pretty much everyone I know that owns in my age range has two incomes and moved away from the city.
I don't see how anyone younger than me has a chance to do it without help from family.
In 2016, 13.5% of those between 30-34 lived with their parents, and it's been rising.
Also in 2011, 73% of 25-29 year olds have never been married where in 1981 it was 26%. I mean, how can you marry when you can't even get a place of your own? How will people even seriously think about having kids if having a home of their own becomes more and more of a pipe dream?
Then the aging generation will wonder why no one is available to take care of them with the ladder they pulled up at their side...
Why do you think we have a retirement home crisis already? Lack of funding is only a part of the problem.