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The IFP - Halton Hills | Thursday, July 22, 2021 | 10 theifp.ca By Cory Soal GETTING USED TO NEW HEARING INSTRUMENTS Part 1 A patient who has never worn hearing instruments before, or is wearing a new type or circuit may go through a period of adjustment. The following are suggestions to help you through that adjustment period: Don't get discouraged. It may take time to realize the benefit of your hearing instruments. You have been hearing through a damaged system that has delivered distorted signals to your brain. Now the sounds you are being exposed to are louder and different than what you are used to. In time, your brain will adjust to the new signals it is receiving. When you first start wearing the hearing instruments, you will suddenly hear sounds you were previously unaware of. Many you will recognize as sounds you used to hear before you had a hearing loss, and others will have to be identified for you. These sounds will seem bothersome at first because you are not used to hearing them. In time, like those with normal hearing, you will unconsciously block out these daily sounds. The Georgetown HEARING CLINIC ut ur hearin Professional Arts Buildin 99 Sinclair Ave., Suite 210, ‘Georgetown 905- 873- 6642 HP OPINION FAILED CMHC POLICY COULD NOT CONTROL RISING HOUSE PRICES CANADIAN HOUSE PRICES CONTINUE TO RISE AND ARE INCREASINGLY UNAFFORDABLE, WRITES PETER WATSON Canada Mortgage and Housing Corporation failed at its attempt to slow the in- crease of house prices. This could affect homeowners and prospective home- quirements to qualify for mortgage insurance. Mort- gage insurance is required for buyers who have a down, payment of less than 20 per PETER WATSON Column With higher financial re- quirements, the theory was there would be less demand to buy houses and therefore rapid house price increases would be slowed. The CMHC policy objec- tives failed. House prices across Canada increased 38 per cent according to the Canadian Real Estate Asso- ciation. Now, CMHC is going back to the less strict lend- a requirements of last rr. There are two main veasons the ‘CMHC policy failed. the stricter CMHC lead. ness easily flowed to those companie: CMHC market share for mortgage insurance busi- ness was close to half before the pandemic. Now it has been reduced to about a quarter of the mortgage in- surance market. This infor- mation is from the Royal Bank. ‘Two. The best way to con- trol rising house prices is by offering more houses. That is one of the For example, if 10 people want to buy a house and there are only seven houses available, those buyers will bid up the price of a house. The opposite is true. If there are only seven pet that want to buy a house but there are 10 houses for sale, then it will be a buyers' mar- ket and house prices will not continue to escalate. Thekey to slowing the in- crease in house prices is in- creasing the supply of hous- es Housing affordability isa real concern for Canadians. am of home owner- ship is evaporating. The noble attempt by CMHC to control escalating house prices fé Canada needs | ¢ ‘strategy that encourages more hous- es to be built. Peter Watson, of Watson Investments MBA, CFP, REP, CIM, FCSI offers a weekly financial planning column, , Dollars & Sense. He can b economics, supply and de- mand. through www.watsonin- vestments.com. SINCE 1947 Danby + Stay Cool and Sleep Better = 3-in-1 Design: Air Conditioner, Fan, and Dehumidifier = Follow Me Technology: Remote Control Thermostat = Single Hose Design Cools Spaces up to 300 Sq. Ft. *DPAO65B6WDB-6 | 12,000 BTU (6,500 SACC) See Danby’s full line of air conditioners at Danby.com