cross-posted from: /c/britishcolumbia

“For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership,” said Premier David Eby, speaking at the project unveiling on Thursday.

  • sbv@sh.itjust.works
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    3 hours ago

    Eby said the 40 per cent from the province is not a grant or ongoing subsidy, but financing that is to be repaid at the end of 25 years, or when the owner sells.

    Is that an exclusive or an inclusive “or”?

    • HubertManne@moist.catsweat.com
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      48 minutes ago

      yeah sorta needs a whichever comes later in which case I would take that deal. Sorta funny though. Like bundling a mortgage and reverse mortgage at the same time.