Quote:
Originally Posted by driveway
Considering the way Canadians treat their real-estate (as their primary retirement investment) does anyone seriously think that a Conservative government would do anything to reduce the value of the homes and properties that Baby Boomers are so dependent on for their sense of economic well-being?
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There's zero percent chance anyone is doing anything, and it's not jus baby boomers. If you're 40 and just bought a house, how on board are you with a ~30% decline in value? Probably not at all.
No one is seriously happy to see their $500k home now valued at $350k so that other people can now afford houses better.