Millennials Are Buying Cottages (Seriously)

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Like many people in their late 20s and early 30s, Heather Payne and her husband, Shawn Konopinsky, are bright, ambitious and successful – but they don’t own the place where they live with their one-year-old baby. Instead, they own a cottage.

For the past five years, they have rented their apartment in the downtown Toronto neighbourhood of Parkdale, joining the 50 per cent of millennials who are still renting their homes by age 30, according to the 2016 census data, compared with the 45 per cent of boomers who hadn’t bought their place by the same age.

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Go Here: Rotterdam

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There are certain charms that North Americans hope for when visiting a Western European town or city: café-lined squares, gingerbread buildings, cobblestonedstreets that twist and turn in every direction.

Arriving in Rotterdam, then, can be unsatisfying, at least at first. Glass-and-steel skyscrapers shoot up from wide, razor-straight, car-filled boulevards. On the surface, everything looks distressingly familiar.

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