Under Mark Carney’s Liberal government, the CMHC has quietly redefined ‘housing affordability’ to no longer mean 30% of income, but “perhaps 40-45% … [and] over 50% of income by 2035”.
Under Mark Carney’s Liberal government, the CMHC has quietly redefined ‘housing affordability’ to no longer mean 30% of income, but “perhaps 40-45% … [and] over 50% of income by 2035”.
The new boss is the same as the old boss, but what would you expect when you vote for the monopoly man who built his empire selling greenwashing funds that mainly hold large US tech stocks.
So, you think Poilievre was the right choice then? The guy who consistently voted against affordable housing?
What makes you think any of them where the right choice. Whole system has been be burned to the ground.
100% agree.
The government building it doesn’t make something affordable, the supply relative to demand does. Harper had 1/3 the immigration, thus housing was affordable.
Carney does not run the CMHC.
He did hire housing ministers that ballooned Vancouver real estate however, who also says that housing prices shouldnt come down because its boomers retirement fund.
Lolwut?