Quote:
Originally Posted by Realtor 1
Those jumping on my back need to look at my side of this from the studys stand point.
Are Canadians that stupid? Those 18-24 picked 32 to be debt free? Who in their right mind is going to have their mortgage paid off in 10 years? Obviously there are going to be some but based on the study I find it tough to believe that they are considering a mortgage as debt.
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I bet most of the 18-24 year old's in the study don't have a mortgage, and figure they'll have their student/car loans paid off by then. People don't think long term, and probably don't realize they'll end up buying into the middle class lifestyle just like thier parents.