/biz/ - Business & Finance

>>6628291
Punjab sikhs and hipster Muslims fit in will in BC. No one likes Hindus thou

>>5951983

>>5951297 (You)
what's the point? the interest rate on mortgages are so fucking low that if your RRSP's are in good stocks, the market is on fire so far, you'll make more money then you'll be saving.

Because it's a interest free loan from the government. There is no downside that I see from taking it. Take the governments 40k @ 0% instead of the banks 3% and invest your 40k in the market at 7%.

>>5951419 (You)

only a few segments of the Canadian market need to be cooled. for this case, the market should resolve itself by increasing supply. using a sledgehammer to swat a fly is retarded.

I was reading somewhere there are hundreds of condo projects approved by the city in Toronto but developers aren't building because they know a crash is coming. So it doesn't seem like the supply side will solve itself anytime soon. Either way regardless of regulation we will have to raise rates to say inline with America.