If this plan get's the same warnings, from both the Tyee and the Rebel, then that clearly says this is nothing more than crass vote buying
Bill Tieleman and the Tyee ... and Ezra Levant's The Rebel ... are singing off the same song sheet?? Say it ain't so!
But it is so, and I was as shocked, as you likely are, that they would come at the same story, from the same angle. Both stories, as you can see below, say that:
1. Christy Clark and the BC Liberals are doing this purely for political gain
2. Market price correction could seriously jeopardize these home buyers
3. It could, again, drive market prices upwards
THE REBEL: "BC Liberals program to aid first time home buyers comes with great peril"
... with an election only five
months away, the last thing the BC Liberals want to see is for that bubble to
burst since it would almost certainly cause them to be defeated ... while this
program isn’t as crazy as the kind of policies we saw down south over a decade
ago, it is awfully suspect and if there is a major price correction I wonder
how many defaulted mortgages the taxpayer will now be partially on the hook for?
THE TYEE: "Liberals’ Homebuyer Plan: Short-Term Political Gain for Long-Term Taxpayer Pain"
Premier Christy Clark’s homebuyers
plan provides short-term gain for the BC Liberal Party and long-term pain for
those who borrow money from the government, taxpayers and the B.C. housing
market ... who cares if some first time homebuyers can’t make their mortgage
payment and lose their houses down the road ... the B.C. government plan will
increase competition for the already limited supply of housing ...
If this plan gets the same warnings from both the Tyee and the Rebel, then that clearly says this is nothing more than crass vote buying ... but also, as they have both stated, it also comes with a huge potential downside for every single person in BC.
For the
voters of BC, many of those at least who tend to vote centre-right, the option
for us to have a government that can earn our respect is no where to be found.
Sham? Shame ???
What
difference does it make. Election 2017
in BC, I predict, will have the lowest voter turn-out in decades.
In Kamloops, I'm Alan
Forseth
Comments
Post a Comment