All my late 20s accountant friends are buying houses right now. I know a chemical engineer doing the same. Likewise for everyone in tech. And a lot of people live with their parents and will inherit a family house at some point too.
At least in the US, tech is currently in a wage supression war, and I’m afraid this will ripple out all the world.
But for “a lot of people live with their parents” that’s actually a sign that things are not going well at all. This can be seen all over Europe, and just means that people cannot afford to move out, not that they like living with their parents. If/when they inherit their parent’s house they might be in their fifties or sixties, and most of their prime life is gone by then.
No, it really isn't. There's a cultural preference in the white USA for "moving out" of your parents house, but that's not universal.
Canada is very multicultural, and a lot of people choose to live with their parents as a matter of preference.
On your second point, I don't see what being in the "prime of life" has to do with living with your parents or not. But even that isnt the case , for example my friend's grandma is moving into a retirement home so they're moving into her old house.
You're joking but yes. You get to save on rent, and live close to family for longer than most people forced to move out. If you don't have to pay most people's highest expense, you can have a very comfortable life.
And since Canada's population is shrinking, this is a significant amount of families that don't have to worry about housing ever.
However, Canada has lots of immigrants, and it's very hard for immigrants to break into the housing market. Both of these are true.
Canada has a cost of living crisis, and an entire generation has been priced out of the possibility of owning a home.
One can survive better than in the US at the extremely low end, and being sick won't kill or bankrupt you.
But nobody is living a "comfy" life without busting and hustling.