The other G&M article I posted put the number of millennial buyers getting parental help at more like 70 per cent. We’re reverting back to an era when your personal wealth was largely inherited, and some families owned property for generations and some families never owned property.
Estimates are around $3 trillion will be passed down from Canadian boomers to their children and grandchildren over the next 20 years. You have to think governments are going to try to tax that somehow.
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Originally Posted by fotze
If this day gets you riled up, you obviously aren't numb to the disappointment yet to be a real fan.
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