Giving Up On Canada?
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Are young people giving up on Canada because home ownership is hopeless and rents are too high? Just how much have condos gone up in Ontario? Too high to work for investors anymore? Have 905 & Fraser Valley homes taken a hit? Why are there no 30 Year Mortgages like they have in the US in Canada? WTAF: is up with CEBA loans?
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Wow, this was a total shock, the Federal Government kept this under wraps: CMHC Amortization From 25 years to 30 years for EVERY First time Home Buyer not just New Construction Homes but the BIGGEST thing $1.5M instead of $1M Cap on Government Insured Mortgages. Yes Folks, a $1.5M home in Canada...
Published 09/17/24
Published 09/17/24
Unemployment hit 6.6% Is the Canadian Economy headed for the dreaded “R” Word? Shhhhhh…. Nah I will say it: RECESSION. One Employment Report does not mean Recession but a constant trend, and we’re 4 in a row is a bad trend & if it keeps heading past 7% then 8% is next in line. Ron breaks down...
Published 09/10/24
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