In September 2019 the government introduced a plan where prospective home buyers can finance 5-10% of their mortgage via a shared equity program administered by Canada Mortgage and Housing Corporation (CMHC). Households who make $120K or less and put down 5% will qualify for the program which will cost an estimated $1.25 billion.
Narrow down the conversation to these participants:
@9DZJPLNConservative2yrs2Y
Yes, only for first time home buyers
@8CYCP9V4yrs4Y
Yes, but money should be focused to the families that have a low 'combined' income
@B3486ZT3wks3W
No, but the government should limit the number of homes thy can be bought by a single person or corporation
@9RW6ZLWConservative7mos7MO
no, but we should implement more programs, such as lower interest rates on mortgages for low-income homes.
@9TPPX3Q6mos6MO
No, but massively increase home building, make it illegal for corporations to buy residential properties and tax individuals owning >1 residential property at 50% the value of every non-residence property annually.
@9RC6QJK8mos8MO
No, the government should limit the number of homes that can be bought by a single person or corporation
@9KBFTYW 1yr1Y
No, but the system of home building and purchasing needs to be regulated or reformed so that the current inflationary, predatory lending, and artificial pricing needs to stop.
@8TVYS424yrs4Y
No, government should encourage denser housing construction, penalize multiple ownership, and ban foreign buyers.
@8NYJNV34yrs4Y
The government should limit the number of homes that can be bought by a single person or group
@B3K9X786 days6D
It depends, but if it is done unfairly by other means, then the government can't but if it is done through the right means, then they could but there would have to be stipulations as to not create problems or loopholes that make no sense because there should be transparency in this case.
@B3J8PMG1wk1W
No, the government should focus on making housing more affordable through subsidizing national, provincial and municipal building projects, temporarily removing red tape on building permits and zoning restrictions, and adding national rent controls
@B3HFH751wk1W
Limit the amount of homes foreign buyers and corporations can buy but not hard working Canadians using it as another source of income
@B3DKFHC2wks2W
No, and the government should provide affordable housing with targeted assistance for first time home buyers
@B3CSF7F2wks2W
No and the government should limit or exponentially tax based on the number of homes that can be bought by a single person or corporation
@B39D2FT2wks2W
No, the government should instead do a better job regulating the real estate industry. They need to make open bidding illegal
@B395RFR2wks2W
No, it should suck it up and pop the bubble, and learn the lesson from alowing exploiting income properties.
@B36H52D2wks2W
Housing rates should be lowered and subsiding should be for those of lower then 60 k yearly and those new to the countries
@B35YY8P3wks3W
The government should create a system based on a person's financial status and salary, and use that to create proper subsidizes (I am disabled, I have debt, I am the sole provider in a family of 4, I am only providing for myself, I have investments, etc)
@B34YX9N3wks3W
Yes, but only if individuals are financially supporting unemployed members of their family as small as 3 individuals.
No, but prices should be controlled and offers should be made available to other buyers. Bidding should be allowed only if the starting price is much lower than the market (bank) value
@B324X4F3wks3W
Yes, because house prices have skyrocketed and it's become extremely hard to pay your mortgage in this economy.
@B2WR9DT4wks4W
Subsidy should not be needed, the government should address root issues of the housing inaffordability crises
@B2VV8TB1mo1MO
No, but build at public expense many starter homes of various kinds of sufficient quality to allow low income owners to buy and build equity. Also, support co-ops
@B2VDNWTNew Democratic1mo1MO
depends on the price of utilities, groceries, the state of the economy, and the amount of people living in the home.
@B2RHKVS1mo1MO
Subsidize buyers who have a household income of less than $80,000 pa & limit the number of homes that can be bought by a single person or corporation
@B2QVV6HConservative1mo1MO
if you're a citizen of Canada then no, all people should be able have somewhere to live, but taking away Holmes for foreigners isn't right
@B2LW7QG1mo1MO
Government shouldn’t be involved it telling people what to do with their money. If they lowered income taxes for people who make under 100,000 as well as stopped causing mass immigration & the housing crisis the incompetent government created, people would be able to afford to buy their homes as they have in the past without government subsidies. Government subsidies only lead to increased taxes.
@B2GYS3C2mos2MO
The government should build public social housing at below-market rates to guarantee a right to housing for all.
@B2DQSLR 2mos2MO
No, instead housing should be more regulated to slow down inflation and cut high prices on houses not to guarantee housing for all but rather to give everyone a better opportunity to own a house
@B2DHJ8T 2mos2MO
We are now in 2025 so 120K per year is just barely able to pay the mortgage, car payment and daily spends.
@B2D2F8N2mos2MO
pop the housing bubble. Houses are not worth what they are advertised on the market. People making 120k should be able to afford a single-family home in Canada. The inflated prices of houses in Canada are ridiculous.
@B2C43722mos2MO
I believe that the government should subsidize peoples housing under the liveable wage to get to the liveable wage.
We should be letting the market decide. It went up because of speculation, let it come down because of that too. Just make sure it's not abused again
@B292M3P2mos2MO
We should have zero corporate ownership of homes, zero foreign buyers, and increase the empty homes tax to over 100%
@B24CB2J3mos3MO
Maybe. Needs more thought and proper policy but this could be a good idea. Qualification is important.
@9ZJG7774mos4MO
Subsidization should be applicable to a larger group. The threshold is too low, given the current economy. The threshold should be $220K
@9ZHCGXD4mos4MO
Yes, although it depends. It absolutely without a doubt can help people afford homes, groceries, vehicles, and more.
@9YMQZBK4mos4MO
Yes, there should be a set amount to support home buyers who make less than $120k if the home buyers need it and will eventually be able to pay it back, without interest cost
@9YDGG9X4mos4MO
If it was an investigated troubled family I would subsidize give them compensation, however if its a junky, or genuine lazy person I do not believe in subsidization.
@9TG95F86mos6MO
There shouldn't be a subsidy, there should be situations in place for couples, to earn money and not rely on the government for everything. The government has the responsibility to ensure homes are being created for people to afford on a 120k or less a year salary, depending on the locations. This means boosting the quality of life so that there is more jobs and homes than the population.
@9T7XY376mos6MO
Yes but not increase interest or taxes because the reason for why housing prices have doubled was Trudeau letting too many immigrants in and there not being enough houses for'em.
@9T3R3V96mos6MO
the cost of homes shouldn't be so expensive to the point where the government has to subsidize in the first place
@9SSRG9H6mos6MO
120 K a year is plenty of enough money for a person to buy their own home. I would set the threshold lower. The government should limit the number of homes that can be bought by a single person or corporation. In theory that should decrease competition for home buyers, and make buying homes a more fair and affordable process.
@9SLJBJV7mos7MO
Yes…since governments are doing zero to deter profiteering in this area they need to start subsidizing housing until such time as housing prices drop to 33% of the average income in any geographical area.
@9S9R2T47mos7MO
This is a free economy and as soon as you start subsidizing this of that, every other damn thing you no longer have a free economy.
@9RXF7FT7mos7MO
No, the government should get involved in the housing market and create supply in order to deflate the housing bubble.
@9RQNPMR7mos7MO
No because it will not help control inflation of property prices. Increasing supply will reduce rentshouse prices back to affordable
@9RBY87R8mos8MO
No, but the government should regulate the number of homes that can be purchased by a single person/corporation
@9RBVGVQ8mos8MO
How is this considered the answer to the housing crisis. Whoever you have creating these polls is so sadly disassociated with reality that they should actually be held civilly responsible for the upcoming collapse of the Canadian economy.
@9QSH3TL 8mos8MO
stop the tax on those who make more... its not fair for those who work their butt off and then get more than half of theire income taxxed
@9QSFSCC8mos8MO
This is a waste of spending as even the bottom of localized listings could not afford the mortgage payments on less than $120k per year.
@9NLQQF39mos9MO
No, but economic stimulus should target areas that are separated from the cash flows of their city or whatever idkman im drunk
@9N227WH10mos10MO
No, but a loan should be offered instead at a very low interest rate and reduced taxes-- this also depends on the cost of the home (should be less than $1 000 000)
@9MK284K10mos10MO
if you have lived in canada for more then 5 years you should be able to buy as many homes as you wish but if youre not from the country or have been here for less then 5 years you should only be able to own 1 house at a time
@9MFXWQH10mos10MO
Yes, but as soon they earn more, the government should stop subsidizing those who make less than $120K annually.
@9MBPGWW10mos10MO
Some people make poor choices and that’s why they aren’t as fortunate so giving them money doesn’t seem fair
@9M9B3JL10mos10MO
I think it varies how much the govenment pays. if less than 10 pecent than no, but if it is higher than probably yes.
@9M5WCY9Conservative10mos10MO
I believe that the government should put in regulations so that the cost of buying a house and living is less expansive instead of giving people money
It depends if the home buyer can afford the home they're buying. This can be affected by area where the person is living in. A very good example of this is in Vancouver, where the average hose is 1,960,800$.
@9LNL99N11mos11MO
I think it depends on the situation, the government should totally lower house prices but the person have to pay for the house. Anyone should pay for there house but the prices should be lowered
@9LF9HLP11mos11MO
The government needs to force housing prices down, they have gotten out of control. We will need a plan that punishes those who have helped create the absurd prices.
@9LD8F4Q11mos11MO
No, and reduce inflation, stop immigration, and send everyone who’s immigrated here in the last 10 years back to their home countries so that we can have our country back for ourselves—less people is what we need, not more homes.
@9L2NYDL12mos12MO
The government should subsidize home buyers regardless of how much they make maybe through a home contribution fund from the taxes
@9KZNNL912mos12MO
Focus on the economy don’t subsidize and limit the amount of home a single person/ corporation can buy
@9KDYD2W1yr1Y
No, but they should also limit the number of homes available to be bought by a person or corporation
@9K92VNM1yr1Y
Lower costs of homes and limit the number of housing that can be bought to prevent money laundering.
@9JZV4G6Conservative1yr1Y
No subsidizing. Make Canada an affordable country again. My grocery bill before "covid" was $150/week. It is now $200-300 per week now - whether we get meat or forego it. My 3 bedroom apartment that has the water off - at least once per month for the whole day - $2410/month. No backyard. No space. Rude neighbours. Owning a house, with a garage should not be $800,000+.
I should be able to get a position as an EA that is fulltime and permanent. But government restrictions. I should make more like $32/hour because I'm worth it. I shouldn't need to have over $120,000 saved, to buy a home. Our government is why I live pay to pay, and I am not the only provider here.
@9JZDBDS1yr1Y
Existing Home owners are greatly subsidized; there is space to help new home owners, but renters should also be put on par — renters don’t have exemptions from capital gains on any investments. Best to overturn zoning and increase supply; also make it difficult for REITs to make money on land; remove incentives to own more than one property
@9JVPMV21yr1Y
No, fix the problems regarding home affordability, overall cost of living and the artificial inflation of housing and there will no longer be a need to subsidize housing.
@9JVMDVDConservative1yr1Y
Government should instead invest in building more houses and lower permit requirements for construction
@9JT36CN1yr1Y
their should be a regulation on housing bought buy foreign party's not in Canada or come to Canada using them as investments
@9JRN9GN1yr1Y
It should be given to people with fair reasons for it, but there should be a time limit on how long the government provides this
@9JK53DW1yr1Y
Housing should have a cap on how much builders and private sellers can sell for everyone deserves a warm place to sleep
Corporations should not be allowed to own any single family homes. Sinlge family homes are for families.
@9JC6BKV1yr1Y
Banks and Lenders should be regulated in a way to discourage the bubble cycle that's contributing to the massive inflation in the housing market.
@9JBR3N61yr1Y
Government should check identity of buyers since they bought multiple properties on the identity of their family members. It should be avoided.
@9GNXXXT1yr1Y
There should be CMHC mortgage loans that provide stability to lower incomes, and help them afford a house alongside other Canadian home owners.
I think that the government should build more homes and decrease the prices because they are too high to live.
@9GJPKWT1yr1Y
The government should allow for individuals making less than 120k to submit receipts for housing costs and evaluate based on household spending against housing costs to determine appropriate tax breaks.
@9GG6WCK1yr1Y
I do not think that the government should subside for the people making less money but maybe implicate a few homes that are more affordable for this reason
@9GFVHJM1yr1Y
it depends because 120k per year is still alot but if they are making very little amounts then yes the government should assist them
@9GBGRC61yr1Y
Yes if the base cost of living in Canada exceeds a threshold. Currently, this would be of help to current or potential home owners
@9G9MV2T1yr1Y
no but i would say yes if the income was lower. if the average income is $40,000 then $120,000 would cover too many people and we could not afford it.
@9G9MRGS1yr1Y
The govt’t should subsidize homebuyers by allowing low-interest mortgages for households who make less than 100k per year.
@9G8W3TG1yr1Y
If the family has only one child,I don't think it's necessary,but if there are many children,,I think subsidies are needed.
The government should subsidize those who were originally able to afford a home on their salary, but may lose it to circumstances evidently out of control.
@9FT9JTL1yr1Y
If they are making a really low income, then yes, if they are making steady income and wasting it no
@9F5KMPV1yr1Y
The government should make it easier for low income people to buy a house. Owning a house shouldn't be a luxury for the rich. Low income people need help affording homes.
@9F4FD4P2yrs2Y
I would agree that if someone makes under a certain amount of money from their job they should get some aid when it comes to owning a house, but I feel like this could be supported in different ways. Such as slightly higher pay in certain jobs or circumstances depending on the individuals life style.
@9DXHB5C2yrs2Y
No but limit ppl and corporations
@9DTRY3M2yrs2Y
subsidise housing progressively for people until a combined income of 200K
@9DRSS9J2yrs2Y
Yes dependant on the price of the home.
@9DLP8DB2yrs2Y
Right now yes because prices are too high
@9DK3RYT2yrs2Y
Depending on what house is being purchased, yes.
@9DHRMNZ2yrs2Y
The government should subsidize home buyers who make less than $80K per year.
@9DHJR722yrs2Y
The liberal government needs to do a better job than the last 8 years. They need to know where we stand financially (I’m sure. They do, just too embarrassed to come out and say it) we wouldn’t need to subsidize if they know what they were doing and the party kicked JT out of office.
@9D95C4P2yrs2Y
No, but more can be done to reduce multiple speculative home buyers - increasing taxes on each additional property bought
@9D6R7J42yrs2Y
depends on each case circumstances like number of family members, how many are working, health status etc..
@9D4YF47Libertarian2yrs2Y
No, but make mortgage payments (for everyone, regardless of income) tax deductible to encourage home ownership. It is proven that long term renters are more prone to need welfare than home owners, therefore home ownership should be encouraged.
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