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Federal Mortgage Changes, Housing Supply Issues, and First-Time Buyer Challenges in Episode 88
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In this episode, we begin with a welcome and introduction, setting the stage for a discussion on recent federal mortgage changes and the First-Time Home Buyer Incentive. We examine the relaxation of the mortgage stress test and industry criticisms surrounding these changes. John Pasalis provides insights into the ongoing housing supply shortage. The episode explores the challenges faced by first-time buyers in Ontario and strategies to overcome them. We also share George's home-buying journey in Hamilton, offering a personal perspective on navigating the market. The episode concludes with closing remarks and a sign-off. (0:00) Welcome and introduction (0:24) Federal Mortgage Changes and First-Time Home Buyer Incentive (1:26) Mortgage Stress Test Relaxation and Industry Criticisms (2:22) John Pasalis' Perspective on Housing Supply Shortage (2:58) First-Time Buyer Challenges and Strategies in Ontario (3:57) George's Home-Buying Journey in Hamilton (7:33) Closing Remarks and Sign-Off
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