From the Vancouver Sun – Peter Simpson is president and chief executive officer of the Greater Vancouver Home Builders’ Association. E-mail [email protected].
Although Generations X and Y are vastly different, when it comes to listing the impediments preventing them from buying their first homes, the members of these two generations are as similar as the Sedin twins.
A survey conducted at the 16th annual seminar for first-time homebuyers -organized by the Greater Vancouver Home Builders’ Association and presented by the Homeowner Protection Office, branch of B.C. Housing -revealed that high prices and insufficient down payments were the culprits, no different than the responses gleaned from the survey conducted at, say, the fourth annual seminar in 1997. Read more