The new CMHC First-Time Home Buyer Incentive from the Liberals is being criticized. While the incentive is aimed at helping millennials crack the housing market for the first time, critics say it’s pretty much useless in already red-hot markets. Mike Le Couteur explains.
- Most boomers likely won’t downsize for another 20 years — too late for millennials
- Affordable housing: Would copying New Zealand’s foreign buyers ban help?
- Liberals set to legislate a ‘right to housing’ through omnibus budget bill