A new survey from Equifax Canada determined that millennial borrower were more than twice as likely as other borrowers to inflate their income on an application for a mortgage loan.

The report, which surveyed 1,545 Canadians across the country, found that 20% of millennial borrowers admitted they would change their income to qualify versus about 12% of other borrowers surveyed.

Income fraud is nothing new. It plagued the US housing market in 2007 and many believe lead to the collapse of the economy by 2009. Income fraud may seem like innocent “fudging of numbers” to qualify but it is correlated to higher levels of default because borrowers cannot afford the mortgages after they are approved.