What if all finance help provided house buyers in Canada, which increases demand, reflects 30% of current house prices?
Sir, with respect to Ben McLannahan’s extensive report on the Canadian house market February 9, “Canada’s home loans crisis”, I would just want to ask:
What if regulatory and all other support developed in order to provide house buyers in Canada easier financing, something that obviously increases the demand for houses, translates into being, let us say, 30% of the current house prices in Canada?
Who has that then benefitted, buyers or vendors?
Does this mean Canada must now help with new financing to house buyers only in order to pay for old financing help?
How could something like that not end in a disaster?
As I see it much more important than helping our young to affordable houses, is helping our young to afford houses. Ce n'est pas la même chose!
@PerKurowski
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