A new report by Royal LePage says almost 70% of first-time homebuyers are worried their down payment may not be enough to get the house they want. But for more and more people homeownership isn't even an option says VCC's Meaghon Reid.
“Home ownership has shifted from an aspiration for most to a privilege for the few," she explained also noting that salaries haven't kept pace with the rising cost of housing. She said we're in a housing crisis and policymakers need to address the situation now.
Read the full article: Down payments getting further out of reach for first-time homebuyers in Calgary: report