How Ottawa can unlock the door to home ownership

The blunt nature of mortgage restrictions means it is easy to overshoot and have too many would-be homeowners locked out, writes Kevin Lee of the Canadian Homebuilders Association.
Finance Minister Bill Morneau is expected to release the pre-election budget March 19. He's facing calls to address the issue of affordable housing, particularly for millennials, who advocates argue have been locked out of the housing market.
Owning a home is part of being middle class. This fundamental belief has been shared by Canadians from coast to coast, for generations. Until now. Canadians have watched as rising house prices and tightening of mortgage rules ha...

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