Retired real estate lawyer here (Canadian). Totally agree. We have banking laws here that prevent such predatory practices by banks. Private lenders of course can just go wild. It's predatory and it's a trap.

I'm sorry about the headache, but pleased with myself that I got the joke.

That is exactly why it's not allowed in Canada, with the banks that is. If you're borrowing privately, anybody can drag that amo out as long as the borrower's willing (or desperate) enough. But our banks are not allowed to do it because it's against the public interest and hey, we're Canadian.

I'm Canadian and not up-to-speed on this...are they opening up 50-year amortization periods? Holy cow.

Those are illegal here. 25 years is the standard amortization, but of course you can choose shorter.

Really really bad idea.

Im an admin on a 16000 member international women's health group, and yep, the USA has delay issues big time.

What's interesting is that if one is using the Canadian system to compare, the tax on individuals is nowhere near $2K, and there's no nonsense (co-pays, deductibles, pre-existing conditions, etc. Yes, there are waits and backlogs and problems. But. Nobody goes untreated. Nobody gets a bill.

Seriously what is that?
Did he really post that?

And of course it's all about her.

I will never trust the USA again, regardless of how many friends and family i have there.

Because -seriously- they're looking for brain damage of some kind, or trying to rule it out.

It's not really fair, I guess, because los angeles is a good team and deserves support, but go canada.

We really do want to win but so does LA so we're all crossing our fingers!

Go Jays! ;)