A Few years or decades ago the idea of a (single) woman purchasing a
house herself would have been absolutely unimaginable. Today there are
many women out there that can now afford to purchase their own property
by themselves Looking at the statistics, there is a steady growth and
increase in popularity for single professional women to invest in their
house.
The difference over the years has moved women away from the stereotype, uneducated, stay at home wife and mother. There may always be more men than women that go to university and have lucrative professional jobs, but the gap is slowly closing.
Rather than just take my word for it, let's have a look at a few recent polls. There were 44% of women who think that financial security and house ownership go hand in hand, subject to the 3rd annual TD Canada Trust Women and Home Ownership Poll, at the end of 2009. Since 2008 that signifies a 21% jump. Not paying rent to live in a house was the 2nd most popular answer to the question about benefits of property ownership. 38 percent of females voted for this option. With a rise from 13 to 38% this is quite a telling change amongst the women asked.
The general age of a first time property buyer is said to be 29, of which over 80% are single women, according to the IPSOS-Reid poll. Looking at the figures in more detail, we also see that 80% of those women have no children and half have got university degrees.
The difference over the years has moved women away from the stereotype, uneducated, stay at home wife and mother. There may always be more men than women that go to university and have lucrative professional jobs, but the gap is slowly closing.
Rather than just take my word for it, let's have a look at a few recent polls. There were 44% of women who think that financial security and house ownership go hand in hand, subject to the 3rd annual TD Canada Trust Women and Home Ownership Poll, at the end of 2009. Since 2008 that signifies a 21% jump. Not paying rent to live in a house was the 2nd most popular answer to the question about benefits of property ownership. 38 percent of females voted for this option. With a rise from 13 to 38% this is quite a telling change amongst the women asked.
The general age of a first time property buyer is said to be 29, of which over 80% are single women, according to the IPSOS-Reid poll. Looking at the figures in more detail, we also see that 80% of those women have no children and half have got university degrees.
As a (female) Toronto realtor I see This will probably be positive, but there is unsatisfactory news as well. In spite of this very amiable trend, men, even in the same jobs usually earn slightly more than women, no matter whether they are better or worse. Statistics still show that women buying properties by themselves have more chance of running into problems, such as paying off a mortgage, than their male counterparts or if they were part of a married couple.
picture by Tizzie
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