The graduated payment mortgage and rental housing / Irwin Lithwick.: NH15-927/1980E-PDF
"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].
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.909236&sl=0
| Department/Agency | Canada Mortgage and Housing Corporation. Program Evaluation Division, issuing body. |
|---|---|
| Title | The graduated payment mortgage and rental housing / Irwin Lithwick. |
| Publication type | Monograph |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Digitized edition from print [produced by Canada Mortgage and Housing Corporation]. Includes bibliographical references. |
| Publishing information | [Ottawa, Ont.] : Program Evaluation Division, [Canada Mortgage and Housing Corporation], [1980] |
| Author / Contributor | Lithwick, Irwin,1944- author. |
| Description | 1 online resource (59 pages) |
| Catalogue number |
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| Subject terms | Adjustable rate mortgages -- Canada. Rental housing -- Canada. Prêts hypothécaires à taux variable -- Canada. Logement locatif -- Canada. |