Homeownership rates for recent immigrants in Canada grew recently, but it also decreased for Canadian-born individuals, according to a Statistics Canada study released Tuesday.
Homeownership in Ontario among recent immigrants in their fifth year in Canada rose by from 35.7 per cent in 2018 to 40.2 per cent in 2021, recording an increase of over 12 per cent. While Canadian-born individuals saw a five per cent decrease in homeownership rates for the same period from 50.7 per cent to 47.8 per cent.
I guess the Elbow people who voted for economic security wrecking mass immigration all have homes set aside for their children and grandchildren.
