Fifteen percent of Canada’s population between 20-34 is now living with roommates, up from 11% in 2001.
While this is obviously still a minority percentage, it’s growing faster than one family households or singles living alone.
Many of these newer style households are also multigenerational. Even as little as a decade ago, most roommate situations involved roommates of very similar age, or biological relatives. While that’s still common, it’s increasingly not seen as the only option.
Meanwhile, 35% of the same age group are still residing with their parents. So that’s a “roommate option” on the increase for many who might not be able to afford to leave home . . . but it’s obviously not an option for everyone.
And meanwhile again, housing is not currently trending more affordable and market forecasts don’t suggest it shall anytime soon.
Do you need to find a roommate in Edmonton to combat affordable housing shortages?