Why an increase in mortgage-free young people is a worrisome sign

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Generation Squeeze
/July 23, 2025

Home ownership among young Canadians (under age 35) has recently surged to 44%, the highest level in five decades! 18% of them are mortgage-free. In this episode of the Hard Truths pod, our AI host Jenna talks with Generation Squeeze founder, Dr. Paul Kershaw as he explains why Canada may be drifting from a meritocracy toward a landed aristocracy, where access to secure housing increasingly depends on being born into the right family. 

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