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The Missing Middle with Mike Moffatt and Cara Stern
Welcome to the Missing Middle, a podcast about why the middle class in Canada is disappearing. We hope to help you understand why life is becoming unaffordable for so many in this country, and what can be done to reverse course.
The Missing Middle with Mike Moffatt and Cara Stern
Why Trudeau is Bringing Back 30-Year Mortgages
In this conversation, economist Mike Moffatt and journalist Cara Stern discuss the federal government's new plan to help first-time homebuyers by extending amortization periods on new homes. The conversation explores the reasons behind this decision and the potential impact on housing starts and prices, as well as why this is similar to a policy Mike and Cara suggested in an article in the Hub. The hosts also discuss the importance of helping the middle class achieve homeownership and the need for a balanced approach that addresses both demand and supply.
Read the article with their suggestions: https://thehub.ca/2024-03-19/mike-moffatt-and-cara-stern-the-dream-of-homeownership-is-dying/
Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux
Produced by Meredith Martin
This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.
