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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@8CYCP9V5yrs5Y
Yes, but money should be focused to the families that have a low 'combined' income
@B34YX9N2mos2MO
Yes, but only if individuals are financially supporting unemployed members of their family as small as 3 individuals.
@93D7M4Q3yrs3Y
No. Instead, they should work on regulating the housing market to make it more accessible/affordable.
@8TY22YZ4yrs4Y
They should offer subsidizing as an option for those who would want it and would qualify
@8QD4K4K4yrs4Y
No, the government should subsidize home buyers who make less than the poverty line.
@8PHLLKQ4yrs4Y
I do not care about this matter, nor am I educated on its benefits and downsides.
@8NMVTSM4yrs4Y
yes, but dependant of cost of home they are buying as well as limit the amount of houses one can buy but inheriting a property or house will not count into this.
@99SKJGD2yrs2Y
Government should incentivize citizens through tax breaks for lower income earners at $80,000/yr
@99MR6J32yrs2Y
No, only if the home buyers bought a realistic house and are still struggling to pay for it despite attempts and productive working.
Housing price should be different for everyone, though quality will change
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