Big Canadian Banks Propping up Real Estate Prices

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Canadian Real Estate prices are being supported by blanket appraisals in the pre-sale market. Some buyers are getting 100% LTV mortgages. Meanwhile, policymakers are making new housing more expensive through stupid climate policies that are banning natural gas in new homes. This policy already exists in places like Vancouver and Burnaby adding a year to the timeline of new construction and tens of thousands in electrical upgrades.

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https://trendinginrealestate.com/real-estate-trends/doge-collapses-dc-housing-market-the-facts