With over 700,000 international students choosing to study in Canada each year, the country has seen a surge in demand for residential units. Mainstreet Equity identified this growing niche early on, recognizing that these students represented both significant spending power and long-term rental consumers, possessing the financial wherewithal to study abroad and so committing to one city for at least three to four years as well.
Renting an apartment for the first time? This can be an exciting, yet stressful time. We are here to help your transition into adulting as seamless as possible. This post will shed some light on the additional costs that come with renting an apartment and prepare you for them.
Canada has seen a surge in property appreciation over recent years, especially in the Vancouver and Toronto areas. The increase in property value has made the dream of homeownership nearly insurmountable for younger generations. With today's property values, many millennials are unable to afford a home in the way that older generations were.
Millennials make up nearly 40% of the workforce in Canada. Homeownership is no longer the end goal for most working adults. Previous generations pursued homeownership, the latest generation of adults (millennials) are choosing to rent rather than own their own homes.
Millennials are one of the largest groups of renters today, so if you have properties located around post-secondary institutions or close to city centres, this just might be the profile you are looking for.
Millennials are the largest segment of the workforce. If you are a millennial, here are 3 steps to take to begin your personal development plan.