Housing affordability is worse than ever as mortgages eat up almost 70% of disposable incomes. episode artwork

EPISODE · Dec 9, 2022 · 23 MIN

Housing affordability is worse than ever as mortgages eat up almost 70% of disposable incomes.

from Taking Stock with Amanda Lang · host BNN Bloomberg

Bank of Canada raises rates again; Consumer debt shoots higher; Food inflation to continue this year; Grocery execs on the hot seat, Did the feds send about $30 billion to people and companies that didn’t need pandemic support? Spending by government added to inflation modestly, but accounts for a big share of the rate hikes we have seen and A coroner’s inquest into a 2014 trench collapse death comes with 10 recommendations for the Ministry of Labour, but they are rejecting all of them. 

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Housing affordability is worse than ever as mortgages eat up almost 70% of disposable incomes.

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