Real Estate News

The unintended consequences of doubling the minimum down payment on a house

Image by Paul Brennan from Pixabay

The drastic decline in housing sales and forecasts for falling prices over the next year may require governments to tighten credit supply to prevent borrowers from excessive debt obligations in case of job losses, while at the same time trying to stimulate the economy to sustain consumption and avoid job losses. This is easier said than done.

Continue to read on: Financial Post

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