As house prices have risen over the past two decades, home ownership has become increasingly difficult for young households in Canada, despite strong support through public policy.
But becoming a homeowner is still a goal for many young people who want a level of residential stability that is difficult to achieve by other means.
As urban studies researchers at Québec’s Institut national de la recherche scientifique (INRS), we carried out in-depth interviews with some 20 households in the Montréal area to better understand young people’s aspirations for home ownership in this difficult period.