“More burdensome mortgage qualifications are having the predictable effect of swiftly curbing housing demand,” said Cameron Muir, BCREA Chief Economist. “You simply cannot pull as much as 20 per cent of the purchasing power away from conventional mortgage borrowers and not create a …
The post Policy induced demand slide does little to impact supply: BCREA appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/policy-induced-demand-slide-does-little-to-impact-supply-bcrea/
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