this post was submitted on 11 Dec 2023
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I wrote this for a US bill that they're trying to pass, but it might apply in Canada?
Corporation Plan
Common Person Plan
Don't forget the mortgage rates are sky high so even people with 20% can't really afford to buy. Corporations buy for cash.
That's a really good point, what step would that be? Probably Step 3 for corporations. Do you mind if I add it to the list?
My one hope is that the meltdown is tied to commercial real estate, which will hopefully avoid this whole thing.
Narrator: It won't be.