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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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.
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.
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.
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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