Well buying a homes means GST to the Govt., brokerage to the broker, new furniture and appliances, mortgage broker comission, mortgage fees / interest to bank.. All investments towards the Govt. and Canadian vendors.
you will be left with figuring out as to how to get your salary regularly to pay for all this. You will have to endure racism to retain your job as jobs are not easy to come by.
The cycle goes on !!
Peace

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I am a Gents and not a Ladies.

Tighter mortgage rules will help save Canadians from themselves

http://business.financialpost.com/2012/06/21/tighter-mortgage-rules-will-help-save-canadians-from-themselves/

I think govt is more worried about the people who are not saving enough for their retirement and instead putting all their money into one basket called "Home".

Govt is looking at this problem in a very long term way as Govt knows that sooner or later (we do not know when) interest rate will rise , House prices might start going down(people will see equity in their home going down) and top of it if they have not saved enough for their retirement as they were busy paying off their mortgage.....god knows what will happen at that time I know these are all speculations but..... i could not resist to share my thought :-)