Building Better Communities

The Transformation of CMHC

This insightful article explains the transformation underway with Canada Mortgage and Housing Corporation. ¬†High housing prices? “The most familiar reasons are low interest rates, booming big-city economies, immigration, foreign and domestic speculation, and not-in-my-backyard rules that restrict supply. Less discussed is the role of CMHC and the many federal and provincial tax incentives that tempt Canadians to buy homes instead of renting them.”

Inside the taming of CMHC

 

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