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The new Canadian Mortgage Charter explained
(www.cbc.ca)
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this post was submitted on 23 Nov 2023
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A higher standard means ignoring voting citizens?
That seems unfair
It's a question of long-term prosperity. Home prices are unsustainable and an unproductive investment. Our quality of life is suffering because of this bubble.
At the same time, there's a large contingent of the electorate that's incredibly angry about being locked out of home ownership. By focusing on home owners, we're ignoring them.
See my original comment: