Affordability for millennials might be a political kingmaker

A wide-ranging housing policy that can help ensure improved affordability for young Canadians will most likely win votes from the growing demographic, according to Abacus Data CEO David Coletto.

This is especially crucial in light of the fact that millennials will account for one out of three voters in this year’s elections – a considerably larger proportion than baby boomers, Coletto said.

“There’s a passion and an intensity about this issue with younger people,” the pollster told The Canadian Press.

Home prices have been among the top issues for millennials in surveys conducted over the past few years. Not helping matters is the perception among youngsters that the Liberal government’s policies have actually made it harder for the demographic to attain ownership, Coletto added.

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