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[–] 10 points 2 months ago (1 child)

I just hope that this trend continues even after:

  1. Investors calm down / become more certain
  2. Interest rates go down
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  • [–] 1 point 2 months ago

    Me too; and that’s as someone already paying off a mortgage.

    I want a bright future for all of our kids, where they’ll be able to afford a home and raise happy families for their own.

    While I don’t think the proposals in the budget go far enough to fully ensure such a future - it is already much better than doing nothing at all.

    At least this way, the landlord-investor class will be funnelled into building new homes, increasing the overall pool available - and hopefully applying some downward pressure on price increases of existing homes.

    Though I do foresee a surge in building demand causing a blow-out in labour and materials costs in the very short term while those industries ramp up to meet an increased demand.

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