Housing Facts & Fiction | EP. 63
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Crazy Canadian House Prices make it so hard to qualify for the huge mortgages needed to buy homes in Canada, let’s break down why housing is so screwed up. Rate Update. Viewer Mail. Why the heck are we stress testing Renewals? The Competition Tribunal Agrees with me that it makes no sense. WTAF sense is there in defunding roads but spending $40B on EV battery plants.
More Episodes
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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