So i read the highlights of the statcan link you posted.
a) it's from 2011, that's 7 years ago.
b) Just being house owners doesn't mean a lot. There are non-Canadians (neither PR nor Citizens) buying condo's/houses with 35+% downpayment. Our government allows that, which is kind of mind boggling. You'll see a lot of international students living in condo's that their parents have bought.
I know this is unrelated point, but also effing Airbnb has screwed up the market for renters/first time home buyers.
a) it's from 2011, that's 7 years ago. b) Just being house owners doesn't mean a lot. There are non-Canadians (neither PR nor Citizens) buying condo's/houses with 35+% downpayment. Our government allows that, which is kind of mind boggling. You'll see a lot of international students living in condo's that their parents have bought.
I know this is unrelated point, but also effing Airbnb has screwed up the market for renters/first time home buyers.