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Some young Canadians are downsizing their homes to cut back on their expenses

Some young Canadians are downsizing their homes to cut back on their expenses

BNN Bloomberg
Tuesday, March 28, 2023 03:47:04 PM UTC

Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move.

“We were living paycheque to paycheque,” the 26-year-old said. 

“We were having to borrow money from one of our parents at different times. I have two babies under two, so it was just a lot to feed all of us and to make our rent every month.” 

The family of four packed up their belongings from their Saint John, N.B. apartment and moved in with Hunt's parents, roughly 30 minutes outside the city.

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