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Old Posted Jan 29, 2020, 1:47 PM
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Harley613 Harley613 is offline
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Join Date: Jun 2009
Location: Aylmer, QC
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Quote:
Originally Posted by acottawa View Post
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.
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.
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