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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@B4C3V2H3wks3W
The range should be less than $100k, and the government should limit the number of homes that can be bought by a single person.
@9QSH3TL 9mos9MO
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
@9ZXM9KL5mos5MO
I think that based on the persons circumstances should determine whether or not the government subsidizes home buyers.
@966LJ6Y3yrs3Y
@93QZV7Z3yrs3Y
Yes, the cost of living is too high.
@8VV3BLT4yrs4Y
No, banks should allow for 5-10% down payments, not government.
Yes, they could, but I don't see why the government would ever logically do this in consideration of the national debt
@8TC948N4yrs4Y
Improve First Time Homeowner's Incentive and let go of regulations that limit construction
@8Q2SNHD4yrs4Y
Yes, but subsidize for home buyers with a total income of less than 40k and make housing more affordable for all.
Depends on the house market prices.
@9CNCFXG2yrs2Y
they should help these home buyers, but at a controlled rate to ensure people do not abuse the system
@9CMSLDJNew Democratic2yrs2Y
Yes, but the government should limit the amount of houses they can subsidize for an individual (the individual can still buy more houses but the government will not subsidize)
Limit the number of investors and build affordable housing to increase housing supply and thereby decrease the price of housing
@9CMHG4TConservative2yrs2Y
Depending on how low their income is
@9CM929Q2yrs2Y
@9C4R9FX2yrs2Y
If people make less than $70k per year.
@98PYYQV2yrs2Y
If they are a first time home buyer yes,
@8FMV7LVConservative5yrs5Y
No, only if housing becomes way more expensive
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