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July 22: Calgary homebuilder Shane Wenzel 5% Interest Rate Makes Homes Unaffordable for Clients

Roy Green Show

English - July 22, 2023 21:45 - 9 minutes - ★★★★ - 3 ratings
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Shane Wenzel is a Calgary homebuilder who posted to Twitter a few days ago that 10 confirmed homebuyers walked away from their home purchases when the BOC interest rate hit 5%. The homebuyers had secured financing when the BOC rate was 2-2.5% in early 2022. 
Guest: Shane Wenzel. Calgary homebuilder. Places the blame squarely on the Trudeau government; "You can thank Trudeau and his government. Their out-of-control spending, policies and a tenth consecutive interest rate hike for adding to the housing crisis." 
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Shane Wenzel is a Calgary homebuilder who posted to Twitter a few days ago that 10 confirmed homebuyers walked away from their home purchases when the BOC interest rate hit 5%. The homebuyers had secured financing when the BOC rate was 2-2.5% in early 2022. 

Guest: Shane Wenzel. Calgary homebuilder. Places the blame squarely on the Trudeau government; "You can thank Trudeau and his government. Their out-of-control spending, policies and a tenth consecutive interest rate hike for adding to the housing crisis." 

Learn more about your ad choices. Visit megaphone.fm/adchoices