As discussed in length by Zerohedge and other financial sites across the internet, housing prices continue to rise globally with no end in sight. Aided by low interest rates, increases in inequality and capital flight (from corrupt governments), the millennial generation is caught in the cross fire and forced to either live with family longer (increase in missing households) or take on more roommates.
In the past, having a roommate was commonly associated with post secondary education and largely treated as something that everyone would eventually grow out of. A
recent infographic I created, “Do you need a roommate?”, looks at how many roommates you need in order to afford moving away from home and why the millennial generation will be forced to answer to landlords
into perpetuity. To all of you graduating, the future looks glim…
Source: Toronto Real Estate Company Condo Move
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