CN Tower
Banned
Primer #4: CMHC- The enabler to Canada�s housing addiction
Something new to chew on Interested.
http://financialinsights.wordpress....mhc-the-enabler-to-canadas-housing-addiction/
Condo George won't like this info. Condo George won't like this info one bit![Frown :( :(](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Something new to chew on Interested.
http://financialinsights.wordpress....mhc-the-enabler-to-canadas-housing-addiction/
I have long maintained that the net effect of these policies has been to pull demand forward, particularly in the past few years, and to raise home ownership rates to artificially high levels. In Canada we are currently at the highest home ownership rate in our history, hovering around 70%. How many more people can buy? CMHC has been absolutely pivotal in getting many new individuals into the market, but have massively skewed prices in the process.
Condo George won't like this info. Condo George won't like this info one bit