Blamed for affordability crisis, Liberals look to pivot on housing
OTTAWA – Chris Burke and his fiancée have been less than a year away from buying their first home for the past three years.
Saving for a down payment was the first challenge. Now, rising interest rates have kicked home ownership down the road again, stalling the couple’s plans to get married and have children.
“Any gains we make towards purchasing a house, we’re watching the goalposts move further and further away,” the 31-year-old Ottawa resident said.
