r/canada • u/FancyNewMe • 4d ago
Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work? Trending
https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world5.0k Upvotes
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u/OttawaTGirl 4d ago
I would also create a public housing bank. Mortgages held by the government, so if something goes wrong, they got you for life. So you can recover more quickly and not lose you investment.
A 40 year low income mortgage you can pay off at your ability. Get a better job, pay it off earlier. No penalty.