Average gift is 77,000$. Not everyone can receive a gift of 77,000$. Many first time buyers would love to own a new home. I am a real estate developer in Montreal since 1991 "Samcon". When CMHC reduced the down payment to 0% back in 2006 for "First time buyers". This is when we built and delivered the most first time buyer affordable condos throughout our 33 years in business. Today those original first time buyers have significant equity in their condos. Maybe 0% is something to consider to help qualified first time buyers, and to produce more affordable housing. Thank You, Sam Scalia MBA. "Great discussion"
@fredkhonje24448 ай бұрын
Really enjoyed the discussion. Lots of good insights and I like the interview style. Side note, there is no link to the report in the description.
@CMHC_ca8 ай бұрын
Thanks for the great feedback, here's the link: ow.ly/vzZl50RHmFa, it was embedded in the description. If you are still having trouble accessing the report, please let us know.
@kr63708 ай бұрын
Get rid of the Cmhc
@MR007-r3f8 ай бұрын
From the discussion in this video, I think this survey was a waste of money.