Posted May 13, 2022, 6:52 PM
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Registered User
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Join Date: Mar 2006
Location: White Rock BC
Posts: 11,895
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What is needed is for the BoC to raise interest rates substantially from it's meager 1% to 5% to level the price of housing costs, get away from a non-productive real estate economy, encourage savings as opposed to spending, get inflation down so worker's wages actually keep up with it, and discourage governments from spending money they don't have.
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