The Vancouver Life Real Estate Podcast The New Federal Budget Does Not Address Housing
The first federal budget released in almost 2 years came out on Monday, and noticeably missing from it was any policies that would cool the housing market. Is this really a surprise? With 3/4 of Canadians homeowners, and 45% of homes owned outright with no mortgage, is there really a crisis? Or do non-homeowners simply have a louder voice right now? Who is the government trying to favour with their budget, the have-nots, or the have-yachts? We explore both sides of this argument and uncover that the government is actually suppressing supply while elevating demand. www.thevancouverlife.com
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