How about the people that think ahead and actually save money ? I remember the time when interest rates where 4% . Real estate was much more affordable and it made sense working for a paycheck.

If they raise interest rates the people that want to buy their first house will pay higher mortgage rates but the house price might be possibly lower net effect is zero.
Second thing that may happen is some people may go into bankruptcy and not afford their mortgage payments causing some people to eventually go from middle-class into poverty for a decade. Third thing that might happen is banks will be stricter in lending money potentially to first-time buyers. Raising interest rates makes things harder for everyone including the government paying back the national debt.
I think it would be really foolish to raise interest rates suddenly it would be less jobs potentially also. The interest rates are 3/4 of a percent higher than they were in early February. Home prices will cool down this summer in July or Aug.

But people who can raise voice are already benefitted and poor nobody cases irrespective of in first world or third world.

You don’t pay for political campaigns so will just keep revolving across new articles and understand what wrong has happened to you after decades of it has hit you. And by that time, it’s anyway too late.
Shameless government policies that are not able to control home price rise as it benefits section of people who invest in them I feel.

He’s been working at the BOC for longer than any other governor if I’m not mistaken. He’s just a sociopath that doesn’t practice his speeches or anything.

We’ve had the best in the world for decades when it comes to our BoC, but this guy really is a train wreck. He hasn’t said anything relevant since he came to power, whatever that is. He Actually created the latest RE FOMO by telling the country that the rates won’t go up for a couple of years. This guy has a tiny brain!! He is not able to think what he says may have an impact on the economy!