Is B.C.’s plan for first-time homebuyers as crazy as it sounds?
B.C. Premier Christy Clark got an earful last week when she announced a plan to subsidize down payments for first-time home buyers. In a move seemingly designed to secure votes in next year’s provincial election, Clark’s government promised to match the funds saved up by eligible buyers up to $37,500, or five per cent, of their home’s purchase price. Better yet—or worse, depending on your point of view—the loans, secured as a second mortgage, are structured so they will be payment- and interest-free for five years.
RETHINKING HOW THE HOUSING CRISIS HAPPENED
NEW RESEARCH CASTS INTO DOUBT THE CENTRAL STORYLINE OF 2008—THAT THIS WAS EVER A SUBPRIME CRISIS TO BEGIN WITH.
7 Things to Know about China’s Bond Rout
*Note how wonderful clear this article is*
French workers win legal right to avoid checking work email out-of-hours
From 1 January, workers have ‘right to disconnect’ as France seeks to establish agreements that afford work flexibility but avoid burnout
The uncomfortable racial preferences revealed by online dating
Black women want black men.
All other women want white men.
All men want asian babes (except the asian men who go for a bit of latina)
No one want no black chick~!