Millennials are taking a new path to home ownership with prefabricated and multiplex housing
Maggie Chao and William Bowden had been living in London before they returned to Vancouver and began making the move toward home ownership. The millennial-age couple decided to build a house in pricey Vancouver, with the help of Mr. Bowden’s parents, innovative construction and a Canada Mortgage and Housing Corporation (CMHC) grant.
“When we moved back, we kind of pretty immediately started thinking about longer-term housing options. We’ve been renters for all of our adult lives up until that point,” said Ms. Chao.
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