I've neglected commentary on political budgets a purpose. There were two in two weeks and while neither had anything directly to do with houses, both had to do with fiscal houses and order.
I'm a fiscal conservative. I like governments who tax less and spend less. But that said, I think we owe each other basic human-rights-based services, so call me a liberal. Just don't call me a socialist/communist. Actually, lets leave politics alone, people just get offended.
So the BC provincial gov't announced a gas tax that has everything to do with grabbing your cash (and adding to inflation) and nothing to do with saving the Earth (despite what Dr. Suzuki says). And then the feds have a "prudent" low tax, low spend budget today. Make no mistake about it, both budgets are about stimulating consumer spending.
What we have seen this last week or two is worried gov'ts and fiscal stimulus. The economy is headed south, people have too much debt and your governments are acutely aware of it. Too bad they aren't acutely aware of the inherent problem of stagflation.
And for the record, PrairieBoy, don't go the way of VHB, stay the course my cyber-friend and hold out from the dark side. DON"T BUY A HOUSE.