Canada wants to make homes affordable without crushing prices - BNN Bloomberg
www.bnnbloomberg.caIn a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.
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They want the existing houses to remain expensive while the new houses somehow are cheap? Sounds like they’re wishing for a magic trick, or are trying to put lipstick on their business-as-usual pig.
House: 1 million $.
Job: 22k$/years.
So, how can this work? Magic 🪄✨
99 year mortgage.