Liberals looking to make home-buying more affordable for millennials: Morneau

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Liberals looking to make home-buying more affordable for millennials: Morneau cdnpoli

 

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Bill_Morneau ...Its the stress tests stopping millennials from buying! for my millenial: 31% of pretax income on housing = lowest condos are $320,000 =with 5% down so CMHC rules apply, he makes about $45000 in a secure job so can carry the mortgage but cant get approved!!

Lower home sticker prices are achieved by HIGHER interest rates, not by softening caps or lengthening terms, allowing dummies to drown themselves in more debt!!! Budget2019

Morneau forgot to mention For Refugees.

buyingvotes anyone?

Buy votes with houses? What next? They bought their vote with pot now this? They are taxing businesses into offering part time jobs, lower taxes stimulate the economy and offer “good jobs” instead of borrowing more money and hurting our grandchildren!!!!

Liberals trying a full 180 before the elections. Lol, they killed accessibility with their own policies that buch of goofs!

ctvottawa This is absolute fakenews when all the major banks just LOWERED their mortgage rates.

All Millennials to buy houses in rural labador/ NW territories I guess, but which plane do they take from Bill Morneau's riding( Toronto Center) where they work/ rent now

You guys promised to change some of the rules of the Home Buyers Plan to help out first time buyers...but got cold feet. What dandy tricks are you promising now? 🧐

Their previous policies literally made this harder

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