Study shows increased number of Canadian seniors choosing to rent alone

According to a study by Point 2 Homes, Canadians are choosing to rent solo as opposed to single-home ownership.

In fact the study, which has data up until 2021, says that for the first time, the amount of Canadians that rent alone outnumbers those who are single homeowners.

That is especially prevalent in senior citizens, namely in Regina and Saskatoon, where seniors in 2021 made up 32 and 28% respectively of solo renters in Saskatchewan’s two largest cities.

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In the video above, Jacob Carr explains more about the study.