RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - goeasy Ltd. Announces Pricing of US$400 Million of Senior Unsecured NotesPlain english. People can not efford to buy homes. Do some math!
In my area north of Toronto you have to make over $200g just to qualify
Get a mortgage calculator and do the math. Or for god sakes talk to someone under 40.
Housing starts are way down here in Ontario and last Fall/Winter home builders just capped foundations and walked away. 10's of thousands construction workers in southern ontario were layed off and are not back yet.
I'm guessing your retired with a paid for house and are one of the have's with no connection to the PPL struggling. You are disconnected.
Yes ppl are conming to this country but can't afford a house and some are even leaving. When housing becomes affordable we will have a housing boom, but till then homes are not moving.