Affaires de Piasses@lemmy.caM to Personal Finance Canada@lemmy.ca · 5 months agoBank of Canada maintains 5% ratewww.bankofcanada.caexternal-linkmessage-square11fedilinkarrow-up127arrow-down11
arrow-up126arrow-down1external-linkBank of Canada maintains 5% ratewww.bankofcanada.caAffaires de Piasses@lemmy.caM to Personal Finance Canada@lemmy.ca · 5 months agomessage-square11fedilink
minus-squarespacecowboy@sh.itjust.workslinkfedilinkarrow-up14arrow-down1·5 months agoMeanwhile, large numbers of Canadians are going to be unable to afford their homes going forward.
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up16arrow-down1·edit-25 months agoThat’s the point. We’re adjusting the market by getting some people to lose their shirts. Mainly homes and jobs.
Meanwhile, large numbers of Canadians are going to be unable to afford their homes going forward.
That’s the point. We’re adjusting the market by getting some people to lose their shirts. Mainly homes and jobs.