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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@9RXF7FT8mos8MO
No, the government should get involved in the housing market and create supply in order to deflate the housing bubble.
@9GG6WCK1yr1Y
I do not think that the government should subside for the people making less money but maybe implicate a few homes that are more affordable for this reason
The government should subsidize those who were originally able to afford a home on their salary, but may lose it to circumstances evidently out of control.
120k is a TON of money. I’d rather see the down payment minimum go down or the stress test percentage
Yes but only for first time buyers and scale based on wealth (2-20%)
The government should subsidize home buyers who don't have a house.
Yes, but not more than they need
I do not have an opinion on the matter
No, the government needs to make more jobs and force the real estate agents to stop setting the market prices so high.
@8VHKSPV4yrs4Y
You should be able to apply for subsidized housing based on low income with easier access then there is currently
@8TLNMCN4yrs4Y
Yes, but for home buyers who make less than $65,000 per year and the government should limit the number of homes that can be bought by a single person or corporation.
@8T3RNG54yrs4Y
I don’t understand this question either
@8SHN3484yrs4Y
It depends on the amount earned and amount of people depending on the home buyer
For first time home buyers, YES.
depends like they should help them out a but not give them a super nice house because all they people who work hard for there house its kinda pointless now after all that hard work. I would help them out but I would give money instead of a house.
@9CLM4822yrs2Y
They should subsidize the homeless, and very poor who can barely get by paying bills. For example, those who make less than 40k a year.
If they cant have enough money to get a house they shouldn't have one, they should rent it also it depends on if they have kids.
Yes, and it should act firmly to protect renters from predatory landlords. However it should also protect landlords from nightmare tenants.
Foreign buyers should be restricted to buying more than one property and be limited to only buying Northern properties to keep the housing market affordable for Canadians.
@8X2LM593yrs3Y
It depends on their situation, we should not just tax the rich, although we still need to help people and their basic needs.
depending on how much a man makes, if a man makes less 50,000 will get better support than a man who makes 100,000
they should make it cheaper for people who arent like a rich person
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