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High cost of housing has two in five new immigrants thinking of moving: poll – National

May was ‘another sleepy month’ for homebuyers. Will a rate cut wake them up? - National
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A new poll says that the cost of housing has nearly 40 per cent of the country's new immigrants thinking about moving to another province — or even out of the country altogether.

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Respondents to the poll by the Angus Reid Institute were most likely to say that, if they did leave the province they are now in, they'd head for Alberta.

“In Toronto and Vancouver, the long-term risk [of a mass exodus of new immigrants] would be one of losing the workforce required to keep the city cores humming,” the pollster writes in a note accompanying the poll. Global News was provided with an advance copy of the poll, set to be released Wednesday.

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For the purposes of this survey a “new immigrant” is an individual who has been in Canada for 10 years or less.

“As more immigrants seek the Canadian dream from abroad, many who have arrived in recent years have discovered less of a dream and more of a nightmare,” the pollster wrote.

But it's not just new immigrants that are ready to move to find a better deal on housing. The survey found that, among all Canadians, 28 per cent are giving serious consideration to leaving their province because of high housing costs.

Among those who say they they're thinking of moving out of their current province of residence, 15 per cent said they'd head to the while 28 per cent said they'd move to a country other than the U.S.

The pollster found that 45 per cent of those thinking of changing addresses would move elsewhere in Canada and, of those, 18 per cent said they're thinking about moving to Alberta, 10 per cent said they'd go to Atlantic Canada, 6 per cent to B.C., 4 per cent to Ontario; and 2 per cent said Saskatchewan or Quebec would be a better spot.

The Angus Reid Institute's online survey was self-commissioned and completed from 14-20. The pollster said 4,204 adults participated in the survey and that the survey's demographics mirrored those of Canada's adult population. Because of the poll's methodology, a margin of error cannot be calculated.

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Click to play video: 'Business Matters: How much has housing affordability worsened since the 90's?'


Business Matters: How much has housing affordability worsened since the 90's?


 

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