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buyer encouragement...
Posted by James [Email] (more from James) on Fri, 26 Nov 2010 16:41:53
In Reply to: Re: while I partially agree..., Reality, Fri, 26 Nov 2010 13:10:00
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I'm not sure of the status in Australia, but here, the federal government has tightened lending laws recently to make it harder (not easier, as you suggest) for those people on the edge to get mortgages. There also has been a sales tax change in some provinces that also provides a small disincentive (particularly for renos). I think things will correct mildly in the next year or 2, or whenever interest rates rise but who knows for sure...
in terms of taxation, we are taxed somewhat higher than in the US, and nothing is ever perfect, but the balance of what we get for what we pay is fairly reasonable. The balance is not to everyone's taste (eg many out west are more in favour of a more American style), but to a large extent, it works for me. There are leaks + inefficiencies in government, but there are in the private sector as well. It may be, like you say, harder for a larger country to achieve the same ideals.
James...
posted by 67.158.69...
Posts in this Thread:
- Alright you Canadians, No Snaab, Wed, 24 Nov 2010 20:51:19
- I thought this would be about two Thanksgiving holidays, MI-Roger , Sat, 27 Nov 2010 10:54:30
- what gives? low interest rates ..., Trev, Thu, 25 Nov 2010 14:10:21
- Echo bubbles, Reality, Thu, 25 Nov 2010 09:51:35
- while I partially agree..., James, Thu, 25 Nov 2010 19:04:42
- Re: while I partially agree..., Bill Homer , Fri, 26 Nov 2010 07:46:32
- Re: while I partially agree..., Reality, Thu, 25 Nov 2010 20:27:19
- Re: while I partially agree..., James, Fri, 26 Nov 2010 08:32:49
- Re: while I partially agree..., Reality, Fri, 26 Nov 2010 10:16:04
- Re: while I partially agree..., James, Fri, 26 Nov 2010 12:15:02
- Re: while I partially agree..., Reality, Fri, 26 Nov 2010 13:10:00
- buyer encouragement..., James, Fri, 26 Nov 2010 16:41:53 <-- Viewing This Message
- Re: buyer encouragement..., Reality, Fri, 26 Nov 2010 18:17:47
- left vs right, James, Sat, 27 Nov 2010 09:02:34
- Multi-Dimensional, Reality, Sun, 28 Nov 2010 17:45:48
- balance + the Nolan chart, James, Mon, 29 Nov 2010 08:58:56
- Re: balance + the Nolan chart, Tim, Mon, 29 Nov 2010 19:18:09
- I'll guess I'll bite one last time I guess..., James, Tue, 30 Nov 2010 03:53:50
- I was listening to the same NPR segment on Monday, Reality, Thu, 2 Dec 2010 22:42:27
- a different angle..., James, Sun, 5 Dec 2010 03:50:31
- NPR?, James, Sat, 4 Dec 2010 15:07:16
- Re: NPR?, Reality, Tue, 7 Dec 2010 15:30:17
- Re: NPR?, James, Wed, 8 Dec 2010 11:36:49
- Re: Alright you Canadians, James, Thu, 25 Nov 2010 08:39:28
- Re: Alright you Canadians, JohnA , Thu, 25 Nov 2010 07:43:14
- Re: Alright you Canadians, gilbertb, Thu, 25 Nov 2010 07:15:06
- Same down here in Australia..., sab, Wed, 24 Nov 2010 21:32:32
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