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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@9YMQZBK5mos5MO
Yes, there should be a set amount to support home buyers who make less than $120k if the home buyers need it and will eventually be able to pay it back, without interest cost
@9M5WCY9Conservative12mos12MO
I believe that the government should put in regulations so that the cost of buying a house and living is less expansive instead of giving people money
@9KDYD2W1yr1Y
No, but they should also limit the number of homes available to be bought by a person or corporation
@9H2PN7B1yr1Y
Well single moms that don't make much money are struggling to buy homes, so if the government helped out single parents with low income
@8YNMFX73yrs3Y
Neither, fine with the way it is
@8VRVLR64yrs4Y
Dependant on individual circumstances. There should be an extensive application process.
@8VQV6TG4yrs4Y
No, only those that make less than $50k per year.
@8VGR93V4yrs4Y
Government should subsidize for homebuyers that make a combined income less than $70k per year
@8V29C554yrs4Y
I would lower the number o less Han $80,000.
@8TWKYN54yrs4Y
No, but single family dwellings should not be available for purchase by corporations.
@8TQMS4PNew Democratic4yrs4Y
we shouldnt have to pay for houses bruh
@8T9JMNS4yrs4Y
that they should support anyone who makes less than 120 thousand
@8T2D3B4Conservative4yrs4Y
If they have their own family to support then yes
@8SXWSLJNew Democratic4yrs4Y
what does subsidize mean
@8SSH8NY4yrs4Y
they should lower it for everyone.
@8S5NF294yrs4Y
No, but remove arcane zoning laws that restrict home building
@8R4ZY594yrs4Y
Depends how much less than 120K
@8R2VTTR4yrs4Y
120k is quite high for my locale. But yes to above 60k/year.
@8Q254RW4yrs4Y
maybe if it is a family that can barely afford a house for the amount of people they have then yes
@8K7KQ5F4yrs4Y
Yes but no debt out of it
@B47FRMH3wks3W
because we don't have enough homes for actual canadians because immigration is taking over and we cant even find jobs for our actual candians because they always hire the immigrants so how is a Canadian citizen supposed to react to this? like of course we are mad
@B47FRMH3wks3W
what does this do?I'm so tired I want to go home and lay in bed! #skibiditoiletrizz
#fallingasleepinclass
@9C7VHL9Conservative2yrs2Y
Less than around $80k per year in my opinion.
@9BJWLNN2yrs2Y
Yes, but they should have to pay it back over time
@98D48PD2yrs2Y
Create tax incentives for small builders to create affordable and efficient housing.
Depeding on the cirumstance at which there income comes in
everyone should be entitled to basic shelter but that doesn't necessarily mean high quality shelter
@9892PCS2yrs2Y
dont even know what that means
@97XZPYP2yrs2Y
It shouldn't be required for the government to help but if they need help the government should help.
@8YFYM4R3yrs3Y
No, but the government should lower the tax they take from them.
@8YDHT9J3yrs3Y
no because $50k-$120k per year is enough
@8ZW3D5Q3yrs3Y
screw that option and fund them
@8Z6P9KQ3yrs3Y
Yes, though if a homeowner starts to see significant profits after paying off their mortgage, there should be an office in the government that they can make donations to as thanks for the support, or that they can vote to receive a portion from tax/treasury for future homeowner subsidies.
@8Z3Q5FB3yrs3Y
Yes, if that is there only option
No, but they should subsidize home buyers that are less than $60K
@8YZQW4Z3yrs3Y
Institute social housing instead.
@8XJQB2Q3yrs3Y
I think it should be the people that make less than $100K
@8WYKKFL3yrs3Y
if the person is rich and isn't doing much should be providing to the poor but if you are gave money or one the lottery they shouldn't have to akso only for there first house
@8WCZ7FV4yrs4Y
No and yes because it might not be fair to people that struggled buying houses and the people who have under 120k would be super helpful to them also.
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