Quote:
Originally Posted by Fire of the Phoenix
The worst thing the government could do would be to make it easier for people to get mortgages, it's stupidly easy as it is.
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Yeah. Basically the best thing the government could do for house prices (in this case, making them fall), is make everything harder.
Abolish CMHC - require 20% down payment. Raise interest rates. No RRSP draws, no home renovation credits, no primary residence tax-free shelters.
Anything that props up the real estate market should be abolished.
Good luck getting elected on that platform though.