How Can Anyone Afford a New House Here?
My sources suggest that a local retailer recently bought the Blue Shores house shown on the right, paying more than $100,000 over the asking price, for a total of $1.15…
cmhc
Tuesday Morning Links
This and that for your Tuesday reading. – Heather Scoffield reports on the Canadian Index of Wellbeing’s stunning finding that Canadian quality of life declined by a quarter between 2008…
Flaherty muses on CMHC privatization
“Flaherty eyes privatization of CMHC.” Well that’s something big to watch. The Canada Mortgage and Housing Corporation is a profitable Crown corporation ($335 million in profit in the 2nd quarter)…
Burning question
Jim Flaherty is taking credit for saving consumers money by tightening mortgage insurance rules. So how many extra thousands of dollars did he cost Canadian homeowners when he loosened precisely…
Secondary Suites And The Right To Affordable Housing
In December 2007, at the height of Calgary’s housing crunch, a report emerged from the Canadian Mortgage and Housing Corporation that confirmed what many had long suspected: the cost of…