Short term relief for tenants could cause problems in the long run
All tagged policy
Short term relief for tenants could cause problems in the long run
Canadian housing policy inadvertently subsidises corporate investment in residential real estate. This needs to stop.
The government has proposed changes to mortgage rules that could create moral hazard. This means that borrowers may be more likely to take on more debt, knowing that they will be able to get out of their payments if they run into trouble. This would be an injustice to financially prudent Canadians who rent or did not overextend themselves.
A summary of housing-related goodies in the Canadian federal budget, and their likely impact on the market.
Regulator takes our advice to simplify the mortgage stress test for consumers and reduce home price volatility.
How to simplify the mortgage stress test for consumers and reduce home price volatility.