Opportunity or threat?

[Kotgreg T.]

Hi all,

So up here in Canada, the finance minister is contemplating the idea of lowering personal debt by making it harder to purchase a home. At present one can buy with 5% down and amoritzation limitations of 35 years.

If, for example, the downpayment goes up to 10% and amortization caps at, say, 30, years I can see less opportunity owning homes.

Now, I thought of this as an opportunity rather than a scare.

I see this situation as a good idea to get into rental buy and hold.

Any opinions out there?

Its a hypothetical at this point but I'm new to this and I'd like to hear from you experts.

Thanks!