Justin Trudeau sells housing plan in visit to Metro Vancouver's hot real estate market

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Housing a major issue for many, particularly young people trying to get into the real-estate market at a time when prices are soaring in some major cities

Prime Minister Justin Trudeau touted efforts by the Liberal government to help first-time homebuyers put more down on their mortgages during a visit to a region of the country today that is facing a housing squeeze.

During a visit today to Maple Ridge, Trudeau said the budget contains measures to help first-time buyers by allowing them to withdraw $35,000 from their RRSPs, up from $25,000, to help lower their borrowing costs. “Owning a house is a big achievement. It’s where you raise a family and set down roots. But far too many young people are worried that they won’t be able to reach that dream. Housing prices in the Lower Mainland are some of the highest in the country and rising.”

 

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Does Trudeau and our government really think we're stupid no matter what I will never be able to afford a house with the stupid way they handle stuff remember political parties are out for their own gain they don't care about you

Your housing plan only includes people with $100k in savings or RRSP's. Housing price for small family with 2 or more bedroom is over $650k the plan only cover mortages to max $480k for household income $120k or less. BC small families have no down payment save, pay chq 2 pay chq

You still think that Vancouver’s housing market is hot?

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