Thomas Davidoff, a professor at UBC Sauder School of Business, was quoted in a Global article about the First-Time Home Buyer Incentive (FTHBI).
“Money borrowers wouldn’t miss. Borrowers are going to be very happy if their [home] price goes up. The ability to borrow and not pay interest may be worth a lot for the kind of cash-constrained homebuyer the federal program is likely targeting,” he said.
