Your Tax Dollars To Bail Out BC Developers? — Here's What They Aren't Telling You.

The government just announced a housing plan. And then admitted they didn't explain it properly. Those two things together should tell you everything. Prime Minister Mark Carney and BC Premier David Eby announced they would purchase over 2,200 vacant condos in Metro Vancouver to convert them into "affordable housing." But here's what the headlines didn't tell you. Developers built these units during a real estate bubble. When the market didn't absorb them, instead of facing losses — the way any other business would — they got a bailout. Funded by you. In this video I break down: → Why the announcement came with almost no details — and what that tells you → Who actually benefits from buying these empty units → The conflict of interest nobody's saying out loud → What this means for buyers, renters, and every Canadian taxpayer Carney admitted the plan "wasn't explained well at the outset." To me, this was the most alarming part – how does someone that has held the roles that he has, and the background and the education, make an announcement “un-prepared”? If you own a home, are thinking about buying, or pay taxes in Canada — this affects you. 📞 If you already have a mortgage, or are shopping for one — I have created a FREE resource that walks you through that goes ove the questions you should be asking about your mortgage : https://themortgagespecialist.myflode... 🔔 Subscribe for straight talk on the Canadian housing market. No headlines. No spin. Just what you actually need to know. #MarkCarney #HousingCrisis #CanadaHousing #DeveloperBailout #BCHousing #AffordableHousing