Canadians whose parents were homemakers are twice as likely to become homeowners themselves

Based on a new analysis of Statistics Canada data, it is clear that your parents' home ownership status can influence your decision to buy or rent a home. This research shows that the probability of buying a house is twice as high for people whose parents owned a house than others. According to this analysis, the average household rate for people born in the 90s is about 15%. For example, about 30 percent of people born in 1990 are now homeowners, while about 2 percent of people born in 1999 have bought a home.

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