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Old 2010-02-17, 07:53 AM
MattG187 MattG187 is offline
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Join Date: Feb 2010
Location: Ottawa Ontario
Posts: 23
Default Impact of New Finance Policy

Hey Everyone,

Just wondering what everyones opinion of the new finance policy from Minister of Finance Jim Flaherty?

See link:
http://thechronicleherald.ca/Editorials/1167988.html

IMO it should only affect the speculators and the buyers who would have been mortgage poor if they bought. We are considering buying a house in the near future and I am hoping it will be a positive for us. I think it might be a positive because it will slow down demand for townhouses/ houses geared towards first time home buyers and I think the builders would be more inclined to offer benefits and perks.

What do you think?

Matt
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