Chief Economist at CPA Canada. Views expressed here are my own.
Jan 24, 2019 • 19 tweets • 4 min read
I’m all for initiatives that help young people afford homes, but things like this make me skeptical that it’ll actually make a difference or outright fearful. This is going to be a long thread. #cdnecon#cdnpoli 1/n
theglobeandmail.com/canada/article…
First, I find it hard to see how the feds can make this sufficiently targeted. Presumably, you’d want $ to go to people that truly need it, which would exclude all sorts of young people (those with wealthy parents, older millennials that already have home equity, etc) 2/n