Quote:
Originally Posted by acottawa
Thanks for the link. It looks like my guestimate was pretty close (6k rather than the 5k I estimated)
I'm not sure the bolded bit is the case in Ottawa, and I have not seen any statistical or anecdotal evidence to suggest it is. It took millennials longer to reach various life stages then previous generations, but that isn't the same thing. I have yet to meet a well-paid millennial in Ottawa who was planning to be a lifelong tenant. And even if they are, this does not seem like the industrial inner suburbs would be particularly appealing. The oldest millennials turn 40 this year.
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I'm 39 turning 40 this year, which is by most scales considered the youngest age group of Gen X and more rarely the oldest group of Millennial. The majority of the group of friends I grew up with live in condos, most of them renting. A large minority have families and own houses in the burbs. I have old friends in new condo developments all over the city.