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Toronto Storeys: 81% of Canada’s Gen Z thinks they’ll buy a home in the next 20 years

14 May, 2020 | 
Pureprofile 

Originally published: Toronto Storeys, 12 May 2020

Ignorance may be bliss, but it’s not blind enough to buy you a home.
Despite the Canadian housing market managing to maintain much of its strength through a pandemic that is currently decimating the Canadian workforce, a recent survey from Finder.com shows that an incredible 81% of the country’s Gen Zers think they’ll purchase a home in the next 20 years.
What’s more, 10% of the 18-24 age group say they already own their own home, while 35% (one in three!) believe they’ll purchase a home within the next five years.
It is certainly worth noting that this survey was commissioned by Finder and conducted by Pureprofile in October 2019, long before the pandemic took a stranglehold on the lives of many Canadians, regardless of their generation.
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