It's also a hedge against rent, though in that case one must do a lot of maintenance personally.

As to kids, those of us who grew up in suburbia have a fondness for a yard, garden, and air gap between living spaces. Now if only the former owner had not put so many landscaping pebbles and bushes...

Bingo, it sucks to live with kids in a condo because condos aren't built for families, neither are the neighborhoods with condos. There's other ways to build density without packing everyone into sad sardine cans.

“Home”, for the purpose of this article, includes condos. The data is about all mortgaged properties.

Condos aren’t built for families … in Canada.

There’s no inherent limitation on having a family friendly condo.

In many European countries families live in condos. And they can have great amenities like a swimming pool and a playground. And quite spacious. With highly dense walkable and even car-free neighbourhoods.

Sure you might not have a huge own backyard but there’s probably a park nearby where you can socialize with people.