What happens to equality when young adults who don’t have homeowner parents are far less likely to be able to buy a dwelling?
It’s not every day you are cited in the introduction to a Statistics Canada study.
But that’s what happened this week when a new report by housing researchers at the Crown corporation highlighted my 2021 column, titled Canada’s ‘bank of mom and dad’ returning us to 19th-century inheritance culture.
In their groundbreaking study of a disturbing trend toward inequality in Canada, Michael Mirdamadi and Aisha Khalid discovered young adults who have parents who own their home were twice as likely to own a home themselves.
The inability to afford a home is an awful prospect to face. That twit in Ottawa is doing everything he can to make it worse.
