Fixing Canada’s dysfunctional mortgage system

https://www.theglobeandmail.com/business/commentary/article-canada-mortgage-system-banks-homeowners/

TIME TO CHANGE AND STREAMLINE THE PROCESS ENTIRELY

CANADIANS HAVE ALWAYS BEEN AT A DISADVANTAGE FOR SAFE SECURE AND RESPONSIBLE HOME OWNERSHIP WITH LIMITED 5 YR MORTGAGES…

HAVING STRESS TESTS

HAVING RENEWAL TESTS

LIMITED MORTGAGE LENGTHS OF 5 YRS.

FIX THIS

WE HAVE THE RIGHT COMPETENT PERSON IN OFFICE WHO UNDERSTANDS HOW THIS WORKS…

MOREVER

KNOWS HOW TO FIX THIS ONCE AND FOR ALL

THIS IS AS IMPORTANT AS SECURING ALL FOREIGN TRADE MISSIONS ABROAD

BTW – IF THERE’S AN ARGUMENT TO MAKE ABOUT THE STUPIDITY OF STRESS TESTS…

IT’S THAT IT’S DISCRIMINATORY AND IN FACT FLIES IN THE FACE OF REASON WHEN GLOBAL MARKETS FALLS INTO A TAILSPIN…

HOW CAN IT EVER BE HELPFUL IN DEALING WITH THE CURRENT PRICE OF A BARREL OF OIL…

AND

$2.00/LITRE FOR GAS CURRENTLY

WHAT IF THE COST OF FUEL GOES EVEN HIGHER ???

TOTALLY ILLOGICAL AND CERTAINLY ABOVE ALL…

NOT REALISTIC, NOT REASONABLE, TOTALLY ILLOGICAL

ANOTHER BARRIER TO SAFE, SECURE, RESPONSIBLE HOMEOWNERSHIP FOR ALL CANADIANS

Leave a comment