RE:RE:RE:RE:RE:We are having are cake and eating itJay....yep
If homes were truly unaffordable then there would be less buyers and the price would go down. So spending taxpayer money to increase the number of people in the housing market just increases the price to clear the market.
What is really needed is actually ways to reduce the cost of home construction and ironically, much of this has to do with municipal politics rather than Federal politics.
The other thing about all this and I am guilty of this myself, is the intergenerational transfer of wealth which gives people who otherwise would have to rent, the money buy homes and thereby bid up the price of homes. Such activity is within the scope (albeit difficult to enforce) of the Federal Government in terms of the taxation of gifts. As an example, when one of my boys went to get financing for his first house and we had given him money for the downpayment, the bank required a signed release from us saying that our son didn't have to pay us back. Such a document could possibly trigger a taxable event.
Trudeau on the otherthand is more about handouts and buying votes as opposed to really solving the actual problem.