Mr. Speaker, I want to thank the member for Chilliwack—Hope for the work he does. Obviously, his community has been impacted, because people are now having to go out further from metro Vancouver to be able to raise a family on a single detached lot. His community is fortunate to have many of those families, but again, it means longer drives, and it can be very tough.
When it comes to that program, the government has not been very transparent with people. Liberals say that they will lend on property up to $480,000, but what they do not say is that people can only borrow a maximum of four times their income. For example, people would need to have $120,000 worth of income to get $480,000. Again, in many communities in the Okanagan, the average income is between $60,000 and $80,000. Four times that is not going to even be able to buy someone a condo.
This is where the government is trying to play games. Rather than dealing with some of up-front challenges, the government is trying to say that three lefts make a right and offers a program so that people somehow feel that it is doing something. It is more of a gimmick than an actual program that will help people.