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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@9VVJGFWConservative6mos6MO
I think changes should be made to lending to allow rent stats to be taken into consideration (ie if you paid your rent on time, every time, for so many years that is a factor) as well as amounts. Often mortgage payments can be LESS than current paid rent
Stop the 25k penalty for not having 20% dow.
@8VLHZG94yrs4Y
I feel it’s very important that the prices of homes be capped. It’s out of control.
@8VDG9YR4yrs4Y
Government should control housing prices
@8TR6JT94yrs4Y
Fund more social housing.
@8NWCQ2B4yrs4Y
Only if they give me something. I have worked hard for majority of my life to pay for my home with no help
@8JT494J4yrs4Y
There needs to be an easier way for people to get in the market
I don't really understand the issue
@8D6XDW5Conservative5yrs5Y
I would agree to this it it was under 60k
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