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.
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@9FNZN8PNew Democratic2yrs2Y
Should be lowered to $100,000
@9628FT63yrs3Y
I think that they should be allowed to apply for it if needed
@95XK8CC3yrs3Y
Governments should subsidize home buyers who make less than $70,000 per year
@95HK34HConservative3yrs3Y
The government should subsidize housing developments to help companies offset their costs and lower the price of the houses
@94N3SN73yrs3Y
Only for smaller homes, or environmentally friendly homes
@942RRBV3yrs3Y
Dealing with housing in general is important. Purchasing might or might not be the right way.
@93RB6873yrs3Y
The government in addition to doing this should lower the cost of housing in order to avoid spending so much on helping others.
@92JWPGRNew Democratic3yrs3Y
Yes, but for those making less than $75K
@92864H23yrs3Y
Spend that money in building new houses instead
@8VW4KRJ4yrs4Y
No, except those who have families and/or are single parents.
@8VVZV8J4yrs4Y
No, but they should educate people on managing finances better and provide homes with fairer pricing (condos, appartements) for people with lower incomes.
@8VRZY3V4yrs4Y
This should be a case by case basis and yes the government should be taxing corporations that own housing heavily in order to subsidize public housing, however individuals or families that own 2-5 properties in order to generate an income should not be treated the same as multinational corporations buying up apartment blocs.
@8VP6P4Q4yrs4Y
The government should do something about the price of housing and making it easier for people to buy a house
@8VHDXZX4yrs4Y
Should deal with supply issues instead of pushing demand for starter homes
@8VDG9YR4yrs4Y
Government should control housing prices
@8VC4RP74yrs4Y
Yes because no one can buy a house at this rate with how expensive they are.
@8V9JGGW4yrs4Y
Yes, however 120k seems to high. Maybe 80k it’s suppose to be for low income households
@8V8T75M4yrs4Y
No, but the government should ensure that affordable residences for rent exist for people unable to purchase homes
@8V7C4Z7Bloc Québécois4yrs4Y
No, but the government should subsidize cooperative housing
@8V67R5D4yrs4Y
Yes, if they are first-time home buyers.
@8V5QQBQNew Democratic4yrs4Y
Should be allowed less of a downpayment. Or given interest free loan for downpayment if they have a good credit history.
@8V5848X4yrs4Y
Housing for people making under $70k should be more accessible
@8TXY7BL4yrs4Y
The government should place strong limits on non-resident purchases of real estate.
@8TW4RDK4yrs4Y
No, they should just properly regulate the housing industry such that prices don't inflate faster than currency inflation.
@8TVYP534yrs4Y
Should get involved with increased housing market and lack of income to accommodate
@8TVM8DF4yrs4Y
No, but the government should change policy around realtors and blind bidding, making prices fairer and transparent
@8TLZ8DHNew Democratic4yrs4Y
I'm honestly confused by the question
@8TKPWQS4yrs4Y
Depends from province to province.
@8THC23V4yrs4Y
Yes but only for home buyers who make less than $90K
@8TGH3P84yrs4Y
All housing should be free.
Yes, and the government should limit the number of homes that can be purchased by foreign buyers
Not every service can be provided by the government or should be expected to be provided by the government. 120k per year is a large salary that can comfortably support a mortgage and a family.
@8T7FGL64yrs4Y
120k is a stretch. Unless it's made by both working adults.
@8T4MX9W4yrs4Y
Maybe only under 40 or 30k, 120k is an awful lot per year and enough to live more than comfortably.
@8T4CBN24yrs4Y
Yes but can’t be enough that they live off it because it will not promote working for their money or achieving their goals.
@8SJ3CVL4yrs4Y
I need to do more research on this topic
@8S7PLJQ4yrs4Y
Depends on local housing costs
@8RGTCB64yrs4Y
They should provide a head start to for first time home buyers to get into the market but I don't think they should be given a full grant every time.
@8RB4X4Z4yrs4Y
Yes, depending on the region
@8R4ZY594yrs4Y
Depends how much less than 120K
@8QR7Q5P4yrs4Y
Limits on profit margarins and the business nature of building and selling homes
@8PS3C2K4yrs4Y
don’t even know what that means
@8PPWC7N4yrs4Y
No, only for home buyers who make less than $50K per year
@8PLK7TK4yrs4Y
if it’s one person paying for everything in the household
they should for people who make less than 40k a year
@8PDGYN84yrs4Y
not enough knowledge on the topic
@8NSJNJ64yrs4Y
they should help people that need a home and who are living homeless and in shelters instead.
@8NBJKHQ4yrs4Y
The Government should subsidize homebuyers who make less then 50k per year.
@8JMH28L4yrs4Y
Yes but only for first time owners
No, but they should remove the lending obstacles they've put in the way
@98QLV4Y2yrs2Y
They should only subsidize them if they make less than 90k
The government should build social housing units for everyone, so that we have affordable housing for all.
@8TJ5M7B4yrs4Y
Maybe less than $80K, $120K is too high.
@8SBY9YHNew Democratic4yrs4Y
Yes, and tax foreign buyers and housing speculators to pay for it.
@8YX8TTP3yrs3Y
I do not understand the question
@8YLS2NNNew Democratic3yrs3Y
The government should fund public housing and housing co-ops
@8YB8J6N3yrs3Y
Foreign ownership and land speculating must be severely limited and new, environmentally designed houses/communities should be built to create new stock
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