Canada's Housing Plan is here!
For the last 8 years the federal government has been talking about implementing new processes to increase the amount of new housing and affordable rental units and the day is here!
In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock from @bldfinancial are back on the channel where they unpack Canada's Housing Plan and share their perspectives on which aspects may or may not be beneficial for Canadian citizens as well as landlords/real estate investors.
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Want to thrive & succeed in the 2024 Canadian Real Estate Market?
Check out these other videos with Josh & Ehren:
Top Locations To Purchase Investment Properties in 2024 • Top Locations To Purchase Investment ...
The Ultimate Guide To Buying Real Estate in 2024 in Canada • The Ultimate Guide To Buying Real Est...
The End Of Multifamily BRRRRs in Canada? | Major CMHC Repositioning Changes Imminent • The End Of Multifamily BRRRRs in Cana...
How To Ensure Your CMHC Application Gets Approved • How To Ensure Your CMHC Application G...
Follow the Findlay Mortgage Team on YouTube:
/ @bldfinancial
Broker Lic# 12360
For more information check out Josh & Ehren's Website:
https://www.findlaymortgage.com/
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More Finance Friday Videos with The Findlay Mortgage Team:
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0:00 Introduction
0:44 Canada's Housing Plan overview
3:12 Building More Homes
7:40 $20b to CMB & it's effects
11:00 Streamlining CMHC loan process
13:41 CMHC Insured Loan for Residential Homes ADU Financing
14:43 Increasing High Density Areas
18:44 Federal Government pushing on Municipal & Provincial
22:31 Capital available in the market vs demand
23:37 Making Homes Affordable For Renters
24:24 Rent Payments Reflect on Credit Bureau
27:20 30 Year Amortization for First Time Home Buyers
29:48 First Time Home Buyer Tax Free Savings Account
32:47 Addressing Homelessness
34:07 Final Thoughts
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#CanadianRealEstate #canadahousing #Canadashousingplan