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More Canadians giving up on owning a home, say it’s only for the rich: poll

Agrowing majority of Canadians believe owning a home has become a privilege that can only be afforded by the rich, a new poll suggests, with nearly three-quarters of those surveyed agreeing.

The Ipsos poll conducted exclusively for Global News and released Friday further suggests two-thirds of Canadians have given up on ever owning a home. That number has also risen since the spring.

“Instead of the dream of homeownership, it is turning into a nightmare for an entire generation of Canadians,” said Sean Simpson, Ipsos’ vice-president of public affairs.

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