A clear and absolutely correct assessment of this proposed program.  You and I as taxpayers are funding vendors, developers and realtors.  Our security is a 2nd mortgage ranking behind a high ratio first mortgage and if there is a foreclosure,  do you really believe that there will be anything left to apply against the 2nd mortgage held by the taxpayers?  Perhaps the Premier and her cabinet might consider personally guaranteeing these mortgage?
A student in first year economics would see the that this program is absolutely ridiculous.  This very tired government is both incompetent and corrupt.  It needs to be gone even if that means 4 or 5 years of NDP nonsense.