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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@8TVYS424yrs4Y
No, government should encourage denser housing construction, penalize multiple ownership, and ban foreign buyers.
Corporations should not be allowed to own any single family homes. Sinlge family homes are for families.
@9GFVHJM1yr1Y
it depends because 120k per year is still alot but if they are making very little amounts then yes the government should assist them
@9G9MV2T2yrs2Y
no but i would say yes if the income was lower. if the average income is $40,000 then $120,000 would cover too many people and we could not afford it.
@9FD7JXT2yrs2Y
Do not subsidize. Limit the number of homes that can be bought by a single person or corporation.
@94BFY5W3yrs3Y
The governement should keep up with inflation. Cost of living is constantly increasing while wages stay the same
@925KQ4H3yrs3Y
Home ownership leads to urban sprawl. I'm for providing breaks to housing(renting or ownership), but not for detached homes.
Only for first time home buyers, and limit the number of homes that can be bought by a single person or a corporation.
@8VRT6GY4yrs4Y
Too simplistic. Multiple options need to be explored for different financial capabilities
@8VLQ88S4yrs4Y
There should be communism.
@8V8R9YTConservative4yrs4Y
The government should ban/limit foreign ownership. A second home is ok but not investment properties.
@8V3HPBLNew Democratic4yrs4Y
Yes, but there should be an application process to receive these fundings, and requirements.
I feel as if they should for people who actually need the help but some others just say that to use the goverment.
I think it should be 50k
@8TBXKL54yrs4Y
No, but the government should limit the housing prices.
@8ZVW6Q33yrs3Y
The house prices are insanely high being so the government should assist citizens when being able to afford a home
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