Topic: Tougher conditions for mortgage in sight

[MontrealGuy]

 If the bank were to raise interest rates to cool the housing market now -- when inflation is expected to remain below target for the next year-and-a-half -- we would, in essence, be dousing the entire Canadian economy with cold water, just as it emerges from recession."As a result, it would take longer for economic growth to return to potential and for inflation to get back to target," he said.
 
If housing activity gets too enthusiastic, regulatory changes such as tougher conditions for mortgage insurance, would be preferable.
 
http://www.ottawacitizen.com/business/price+bubble+sight+Bank+Canada+says/2430750/story.html

[mircea]

In imobilismul lor mai scot din cand in cand cate-o decizie buna.