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Old Posted Mar 28, 2014, 5:15 PM
Hali87 Hali87 is offline
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Join Date: Dec 2011
Location: Calgary
Posts: 4,465
I thought a "patsy" was like a fall guy or scapegoat.

Based on personal experience, in Halifax specifically, most 20-somethings are looking to rent because A: they don't necessarily want to commit to living in the same house/unit "long-term", B: many are looking to spend as little as possible on housing while still being close to everything and C: the idea of a mortgage just doesn't really occur to them. Most that I know in Halifax would probably choose a flat in a house over a unit in a highrise, all things being equal, but generally it comes down to whatever is available within their desired location and price range. Most 20-somethings I know who are remotely considering buying property are in long-term relationships, and some have kids.

I think there's a small segment of the population that would like to live in a highrise just for its own sake, but I think most are just looking for whatever is convenient and affordable.
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