Birdwatch Archive

Birdwatch Note Rating

2023-10-19 14:39:38 UTC - HELPFUL

Rated by Participant: F114BC655AC8146A1C9DDC8BB333A9E91ACD1A55C5901095CE38090539B98FCB
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Original Note:

The Liberal government made home ownership unaffordable due to over spending by billions of dollars and having to borrow to fund that spending. That borrowing has caused interest rates to increase which increases mortgage rates. These high rates make home payments skyrocket. https://www.canadianrealestatemagazine.ca/expert-advice/why-are-interest-rates-going-up-in-2022/

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