The CMHC (Canadian Mortgage and Housing Corporation) has made some new rules to their First Time Home Buyer Incentive program. Retroactive June 1st 2022, they will cap all gains and losses on their stake in the property by 8% in order to mitigate their risk in this market downturn...leaving the first time home buyer holding the bag.
Do you think this is okay or not? Let me know in the comments below!

If you would like an opinion of value on a property that you are interested in, click this link:
https://calendly.com/visionrealestate...

Or you can also send me an email to [email protected] with the property address and I'll send you my opinion of value on it within 24 hours.

Happy hunting!

Adam Nadler