Government announces 30 year amortizations for insured mortgages to put homeownership in reach for Millennials and Gen Z - Canada.ca
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Government announces 30 year amortizations for insured mortgages to put homeownership in reach for Millennials and Gen Z

if house prices go up faster than wage growth housing will never become affordable. It’s literally the definition of a pyramid scheme

It’s not. A pyramid scheme is a business model where you get the most of your money by getting other people to join the business, instead of providing a product or service. Think MLMs

Where do you think the money to buy the house from you later comes from? The next layer of the pyramid.

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