Cottages Emerging as Entry Point to Homeownership for Young Canadians, Survey Finds

Cottages Emerging as Entry Point to Homeownership for Young Canadians, Survey Finds
One of many cottages sits along Pigeon Lake Alta, on Sunday May 1, 2022. The Canadian Press/Jason Franson
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Young Canadians are investing in recreational properties as both a practical pathway to homeownership and as a crucial aspect of their long-term financial planning, a new survey suggests.
A Leger survey conducted for Re/Max Canada found that 45 percent of potential buyers intend to purchase a recreational property as a means to enter the larger housing market.