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This development locations Canadians forward of their American and Australian counterparts when it comes to willingness to share a mortgage; 55.2 p.c within the US and 56.4 p.c in Australia.
Youthful Canadians, notably these aged 18 to 25, usually tend to take into account shopping for with pals or household, with almost 80 p.c of respondents on this age group open to such preparations.
Earlier residence shopping for traits spotlight that 42.5 p.c of members have bought properties with a romantic associate, whereas almost a third have by no means purchased a house earlier than. One other 21 p.c have purchased independently.
Regardless of the rising curiosity in joint residence purchases, issues stay.
The highest issues amongst potential consumers embrace the worry of risking the connection (55.2 p.c), differing opinions on appropriate properties (47.1 p.c), monetary irresponsibility of the potential co-buyer (14.2 p.c), lack of belief (11.9 p.c), and inadequate familiarity with the co-buyer (8.2 p.c).
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