The CMHC trying to wiggle out of saying house prices need to fall by suggesting a much harder problem to solve (increasing economic growth) is peak bureaucratic unaccountability
Generation Squeeze"It is the great.... conundrum.... Housing prices must, absolutely fall if younger Canadians are to have any hope of purchasing a home. And housing prices must not decline if older Canadians are to avoid seeing their retirement nest eggs ooze value." www.theglobeandmail.com/opinion/edit...
