A proactive politician... i don’t know. that’s a tall order. :P
A proactive politician... i don’t know. that’s a tall order. :P
Where do you find a market like that? In Canada, government is involved in all aspects of the building cycle.Originally Posted by Fain
Ha ha, a "free" market in housing and RE
That does not exist in any country on the planet today, and is arguable whether it ever has.
Those that ask for a non regulated, non govt. controlled market, do they realize that they will be paying 18% for a 3 year mortgage with 40% downpayment in the absence of govt. intervention?
Fain is there a free market in anything and is that even possible. If government isn't involved in anything let it be Re, stock market or whatever then someone is going to step in and that can be criminals or whoever.
Can the free market control airlines without any rules. Would you fly knowing the company can cut corners on maintenance without rules and regulations. No, the government or someone needs to set the rules and boundaries and then let the free market decide.
We can't even agree amongst ourselves on a free market for chicken, let alone airlines and real estate.
And we sure can't believe all of the rose colored press releases from CREA!
Fain With Heating costs and property taxes a person earning $100,000 gross probably cant afford $600,000 house.Property taxes would probably be $5000+ and that is very conservative....
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