00000nam 2200000zi 4500 9.909236 CaOODSP 20221107181848 m o d f cr |n||||||||| 220322s1980 onc ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- NH15-927/1980E-PDF Lithwick, Irwin, 1944- author. The graduated payment mortgage and rental housing / Irwin Lithwick. [Ottawa, Ont.] : Program Evaluation Division, [Canada Mortgage and Housing Corporation], [1980] 1 online resource (59 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Digitized edition from print [produced by Canada Mortgage and Housing Corporation]. Includes bibliographical references. "When CMHC first introduced the Assisted Home Ownership Program, it recognized that during times of inflation, an equal payment mortgage may not be appropriate insofar as payments remain the same in nominal dollars even though income generally increases with inflation. Therefore, CMHC tried to lower the burden of repayment in the initial years. In subsequent years, repayment would rise, hopefully in line with increases in nominal income. The philosophy of ARP when introduced was basically similar, allowing repayment to rise as rent revenues increased"--Page [1]. Adjustable rate mortgages Canada. Rental housing Canada. Prêts hypothécaires à taux variable Canada. Logement locatif Canada. Canada Mortgage and Housing Corporation. Program Evaluation Division, issuing body. PDF 2.18 MB https://publications.gc.ca/collections/collection_2022/schl-cmhc/NH15-927-1980-eng.pdf