this post was submitted on 05 Jun 2024
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[–] [email protected] 1 points 9 months ago

When Trudeau said he would keep housing prices high I wondered what his levers were.

Aside from lowering prime rates it would be:

  • Increasing RRSP withdraws(HBP)
  • Creating additional accounts just to pump money into housing(FHSA)
  • Increasing amortization for uninsured mortgages
  • Bring back programs like The First-Time Home Buyer Incentive to share equity in housing