Homebuyers grant only serves the ‘privileged:’ UBC prof

Nathanael Lauster, a UBC sociology professor, spoke to CBC’s Early Edition about B.C.’s new program to give loans to first-time homebuyers to cover their down payment.

He said the grant is only for a “privileged set of people” who already have a high enough income to successfully apply for mortgages.

The story also appeared on Yahoo.