Single women purchasing their own property.
Posted by Foreclosure Prevention in House and HomeA Few years or decades ago the idea of a (single) female investing in a home herself would have been absolutely unimaginable. Whilst it may have been unimaginable years ago, in todays society a lot of women now have the financial security to be able to buy a home of their own. This trend of single, professional woman investing in a home seems to be growing in intensity.
The change over the intervening years has moved women away from the stereotype, uneducated, stay at home wife and mother. Many women today are now moving on to university and qualifying as young professional women, though it is still a male governed world.
Some recent polls give some modicum of truth to my words, so let’s have a look at them. For example, the 3rd annual TD Canada Trust Women and Home Ownership Poll, done by the end of 2009, shows that 44 percent of women believe the financial security as the most important thing about being a homeowner. That signifies a 21 percent increase from 2008. 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. That is a quite a telling increase from 13 percent in 2008.
Another interesting census to look at is the IPSOS-Reid poll, who say the first time home buyers have an typical age of 29; that’s not all! Single women account for 82% of that number. Looking at the figures in greater detail, we also find that 80% of those women have no children and half have achieved university degrees.
As a (female) Toronto real estate agent I notice Although this may seems good news, other news doesn’t look so fantastic. 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. Being married or male still shows according to statistics, that you are likely to have less issues with housing or paying off a mortgage than a single professional female.
Entries (RSS)