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Section 3. Question 15. Buying a house is one of the biggest financial decisions you will make in life. And you are planning to buy

Section 3. Question 15. Buying a house is one of the biggest financial decisions you will make in life. And you are planning to buy a house once you settled in Canada. Since COVID-19 starts in Canada, you have been keeping track of how the government of Canada is responding to COVID-19, and you have been observing that housing prices in metro Vancouver. You also learnt that mortgage rates have been going down. What do you think will happen to housing prices in short term and long term? You may want to use relevant concepts you have learnt in Financial Management course to provide your

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