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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@9FFSJNV2yrs2Y
The government should help, but not too much.
@9DKJPVNConservative2yrs2Y
No, it is more important to subsidize Canadians in a more equal manner.
@95LYHDX3yrs3Y
Yes, and even more if they have kids.
@95886WG3yrs3Y
Yes but under circumstances
@8VMDF2R4yrs4Y
yes and no because its not fair to people who make more money has to pay more
@8VM7N5C4yrs4Y
@8VHJRXV4yrs4Y
the government should subsidize for people who make less then a liveable wage
@8CVTD6Z5yrs5Y
the free market would make housing more affordable no government subsidy on anything
@8CR2XDR5yrs5Y
yes so less corporations are charging higher rent
@8XHSM3R3yrs3Y
only if needed you could still live a happy life making less the 120k per year
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