Deputy Prime Minister Chrystia Freeland says the uptake of a new savings account for first-time homebuyers is exceeding expectation, though she acknowledged the limits of what it can do to address affordability.
Deputy Prime Minister Chrystia Freeland says the uptake of a new savings account for first-time homebuyers is exceeding expectation, though she acknowledged the limits of what it can do to address affordability.
I came to Canada 13 years ago, and while I make more money here than I ever did in the States, it’ll still never be enough to buy a place. Honestly though, the idea of owning a house and being responsible for its maintenance and upkeep is utterly repellent to me. I’d rather rent forever and have all that nonsense be someone else’s problem. I ain’t got the time or patience for it.
Issue is that housing prices also affect renters as landlords will insist on making a return on their “investment” sooner rather than later.
We need to bomb the real estate market.