Angus Reid poll commissioned by CIBC says 82% of Millennials want to buy a house someday
Good credit score and accumulating savings are certainly noted as very important
Posted by
Mark Schadenberg
As
a Realtor, I know the importance of home ownership in all demographics.
Home
ownership is an integral part of life, just like parenthood and career success.
The
younger adults of today continue to aspire to own their own house – own real
estate. Having a reasonable mortgage is part of adulthood and it doesn’t matter
if you are living in a detached home, condo apartment, a hobby farm on five
acres, or a townhouse, as it’s all about ownership, building equity and watching
your investment grow.
The
CIBC bank recently conducted a survey among many socio-economic groups and
asked questions to various age brackets, including millennials (18-34), and 82%
in this young demographic commented that they would want to be home owners some
day even though many are currently either renting or still living with their
parents.
"In
fact, our poll suggests that millennials place as much importance on being a
home owner as Canadians in other age groups," the CIBC’s Barry Gollom said.
"Home ownership is an important milestone to many, and that
hasn't changed even though it has become increasingly difficult to get into the
market."
Gollom
is the lending institution’s vice president of mortgages and he was commenting
on the survey tabulated by pollster Angus Reid.
Read
the link below from Canadian Press, but truly no matter what market you like in
– affordable Woodstock or almost unattainable markets such as Toronto or
Vancouver, home ownership is certainly one of the pillars of life.
Barry Gollom
LINKS:
Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland
Discussion . . . Direction . . . Determination . . .
Destination
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