Myles Duncan
The Impact of the B-20 Mortgage Stress Test
Mentor: Dr. Tamara Trafton
What are the impacts of the B-20 mortgage stress test? This question can be addressed by looking at the relationship between policy and housing affordability. In early 2018, the federal government of Canada expanded the stress test with the hopes of curtailing both continuously rising housing prices and the increasing levels of debt among many Canadians. This podcast provides a brief analysis of what the stress test is, while also identifying its unintended impacts on housing affordability. This analysis aims to inform listeners of a key contributing factor to current issues of housing affordability in both B.C. and Canada.
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