Ontario post-secondary graduates delaying homeownership due to student debt, OREA report finds

by | Sep 21, 2023 | Blog

A large number of young adults are delaying homeownership in the province, citing student debt as the “primary reason” for postponing this milestone, a new poll by the Ontario Real Estate Association (OREA) suggests. “Student debt is not merely a financial burden; it’s the biggest barrier to the Canadian dream of homeownership for many young Ontarians and their families,” OREA CEO Tim Hudak said in a written statement released Wednesday.

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