Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Canada

applegrove

(123,619 posts) Mon Sep 23, 2019, 08:07 PM Sep 2019

tests. I guess he is jealous of the US Subprime Mortgage crisis which canada avoided with sober mortgage policies.

https://www.cbc.ca/news/politics/scheer-housing-mortgages-1.5293794

4 replies

= new reply since forum marked as read

Highlight:

Scheer doesn't care about risky mortgages. Doing away with mortgage stress (Original Post) applegrove Sep 2019 OP

(18,820 posts)

1. He is touting affordable housing meaning buyers being able to afford more debt,

Mon Sep 23, 2019, 08:23 PM

Sep 2019

Rather than lower prices. Harper did the same thing, and prices exploded, as did household debt.

(123,619 posts)

2. House prices are up. I know the people across the street and a semi detached

Mon Sep 23, 2019, 08:45 PM

Sep 2019

house on a nearby my street have gone air b&b. Can't quite figure out exactly what that means for first time home buyers but it can't be good.

(18,820 posts)

3. Prices here in BC have been slowly dropping, as sales have dropped like a rock

Mon Sep 23, 2019, 09:32 PM

Sep 2019

They've been taxing empty homes here, impacting the market a bit.

(123,619 posts)

4. Yes. They had to do something to stop the speculation in vancouver. Good

Mon Sep 23, 2019, 10:04 PM

Sep 2019

that prices are falling.