A bit of history. Paul Martin, during an election campaign, publically argued with David Dodge over a Liberal policy of moving down payments to zero when housing prices were rising and young families apparently could not afford a home. Dodge argued it was not good for the economy (risky) nor the home buyer (in over their heads). Now our ruling elite have gone the other way and if successful will wipe 20% off the value of homes across Canada with return to responsibility and higher down payments or "fake" interest rate considerations. The constant in this is that our political leaders really don't care much about what their policies do to people as long as they get elected. Try planning for retirement in an environment like this? The outcome will be folks will have to save more to cover the uncertainty coming out of Ottawa. If interest rates rise it will not be due to demand for money from the everyday economy it will be from government spending (think waste). No concerns there?