Canadian Housing Resembles A Return To Victorian-Era Inheritance Culture: Stat Can
Canada is quickly reverting back to a Victorian-era style inheritance culture. That was the suggestion from the country’s national statistics agency, when exploring the role of parental wealth on the homeownership rate of young adults. A lack of upward social mobility can turn into a big problem for Canada, which depends on attracting immigrants. No immigrant has ever said they moved across the world and worked hard so their children could have less opportunity.
