Canada to fund 'rent-to-own' program under $2-billion housing plan

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ICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan — via financialpost RealEstate Mortgages

The funding, earmarked in previous budgets, would go toward creating some 17,000 new homes across the country, including more rapid housing for the homeless or those at risk of becoming homeless, along with affordable and market-rate housing projects.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“For a lot of renters, saving to buy a home is increasingly difficult. Through this new program we’ll work with housing providers to help families go from renting to owning their home,” the Canadian leader said. Canada’s home prices surged more than 50 per cent during the COVID-19 pandemic, buoyed by rock-bottom interest rates and booming demand. But recent sharp increases in interest rates by the Bank of Canada, which is aiming to curb high inflation, have cast a chill on the housing market.Article content

 

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financialpost Allow government employees to work remotely and use government buildings to create affordable housing.

financialpost Yet to see the Liberals define 'affordable' sort of like 'middle-class' they have no clue what it actually means.

financialpost A government that can't get clean water to every reserve, never mind issue passports, is going to solve the housing crisis it helped create. Right.

financialpost How does mr. green think they get built as all the equipment to do the tough job needs oil and gas to operate or is he going to build wattle and mud huts. Meanwhile where are are these billion trees other than the ones that are planted across the country every year

financialpost Another a liberal ruse to make Canadians think he hasn’t just diverted billions of taxpayer dollars to house the illegal migrants they allow to walk across our border.

financialpost Looks good on paper photo ops 7yrs of Zero debt reduction enjoy the koolaid

financialpost You mean “rent-to-never-own” hahahaha

financialpost BBBBBBBut you also said PMJT isn't doing enough to stop inflation ...

financialpost Another multi-billion dollar government program. What could possibly go wrong?

financialpost Great more government jobs being created that will cost us way more tax dollars.

financialpost Use Non-profits like Habitat for Humanity to build them. No “For Profit”Corporation’s should get Taxpayer money for this.

financialpost Yeh, that will go well under this incompetent NDP liberal_party government😒🤨🤔😒

financialpost Canadians Tax Payers* are to fund. Promises into the future while ignoring the approved foreign investment that caused this very situation. Remember 2017 Trudeau/Chinese billionaire cash for access soirees?

financialpost Not a horrid idea.

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Canada to fund 'rent-to-own' program under $2-billion housing planICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan RealEstate Mortgages
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Canada to fund 'rent-to-own' program under $2-billion housing planICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan — via financialpost RealEstate Mortgages
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Canada to fund 'rent-to-own' program under $2-billion housing planICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan — via financialpost RealEstate Mortgages financialpost How can we afford this though…? Asking for a friend…
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Canada to fund 'rent-to-own' program under $2-billion housing planICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan — via financialpost RealEstate Mortgages financialpost One of the biggest roadblocks for home ownership is the down payment requirement. What is the point of that? I’ve paid my rent and credit bills on time, in full, every time for 20 yrs. Why can’t I get a loan for a home?
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Canada to fund 'rent-to-own' program under $2-billion housing planICYMI: Canada to fund 'rent-to-own' program under $2 billion housing plan — via financialpost RealEstate Mortgages financialpost Not a horrid idea. financialpost Canadians Tax Payers* are to fund. Promises into the future while ignoring the approved foreign investment that caused this very situation. Remember 2017 Trudeau/Chinese billionaire cash for access soirees? financialpost Yeh, that will go well under this incompetent NDP liberal_party government😒🤨🤔😒
Source: nationalpost - 🏆 10. / 80 Read more »