Latest / Shane Hewitt and The Nightshift
SHIFTHEADS: Life Stretching, the McMansion, and the Numbers Nobody Wants to Talk About
Canadians living with parents in their 30s and 40s is now at generational highs, according to new Stats Canada data. The conversation digs into the numbers and whether giving it a name like life stretching is part of the problem.
Three reasons surface: student loan debt averaging $30,000 per millennial, entry-level salaries that make saving and renting simultaneously impossible, and a starter condo market that still opens at $300,000 to $400,000. The structural math is hard to argue with.
What's harder to separate is whether the system created the problem or whether the expectation of having…
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