According to some real estate business, it takes an average of 21 years for a first time Canadian homebuyer to save up for a downpayment.

I had enough for a downpayment a few years ago but had student loans to pay off instead. All those people around my age who live with their
Parents, have never paid rent before, don’t have student loan debt, don’t have car payments, and say they’re saving up to buy a home. Many actually aren’t. They’d rather play video games than work full time. If owning a home was actually their goal, they would have been working
Long ago. How many people in their 20s use that as an excuse for not wanting to move out (for those who don’t need to help their family) ?
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