But the longer young adults live with their parents, the fewer houses are put up for sale - and that scarcity is a big reason prices are soaring
Thu, Mar 16, 2017 - 5:50 AM
A truck delivering furniture in the Toronto suburb of Oakville, Ontario, Canada. In the paradox of the red-hot real estate market in Toronto, parents who might otherwise cash in are staying put because their adult children cannot afford to move out.
JANET Barber does not dwell too much on the view from her driveway.
Many of her long-time neighbours up and down the block have cashed in on the area's soaring house prices and moved away. Where their modest wood homes once stood, much larger architect-designed...