In Canada, Your Parents' Homeownership Could Triple Your Chances Of Owning A Home, New Study Reveals

To tackle the rising housing costs in Canada, many families have begun investing in garden yurts. (Credit: Reuters/BERNADETT SZABO)

KEY POINTS

• If a parent-owned multiple properties, the odds of their children owning a home rose to 23.1 per cent - nearly triple the odds of kids without home-owning parents.
• The report also found that income played a significant role for those included in the study

Getting on the property ladder is tough these days.