Metro Vancouver millennials living with their parents doubled between 1991, 2001 - BERITAJA

A caller study suggests that galore millennials are reaching awesome life milestones later than erstwhile generations, pinch much still surviving astatine location good into adulthood.

Statistics Canada recovered that the stock of millennials successful Metro Vancouver surviving pinch their parents much than doubled betwixt 1991 and 2021.

Among those aged 25 to 29, about 37 per cent were still surviving astatine location successful 2021.

The study besides recovered that Metro Vancouver had the lowest complaint of millennial parenthood successful the country, which is about 10 per cent beneath the nationalist mean of 42 per cent.

Stats Canada says precocious lodging costs are portion of the reason, but they are not the only factor.

“What we recovered is that crossed the country, moreover successful places that weren’t really struggling pinch aggravated affordability issues, we saw group surviving pinch their parents for longer,” Joshua Gordon pinch Statistics Canada said.

“And that reflects group taking longer astatine each shape of life to immoderate extent, truthful group being successful schoolhouse longer, settling connected a profession a spot later, having a partner aliases family later. This is benignant of a life-stretching move happening crossed the Western world.”

Statistics Canada says that while the inclination is national, immoderate of the biggest changes are happening among millennials successful high-cost cities for illustration Vancouver and Toronto.