Should the government subsidize home buyers who make less than $120K per year?

No, but the system of home building and purchasing needs to be regulated or reformed so that the current inflationary, predatory lending, and artificial pricing needs to stop.

The government should be building homes either to sell or as rentals, rather than subsidizing private construction.

Have less taxes, keep tax payer money in Canada or become more efficient so that people can afford to buy a home.

Subsidize buyers who have a household income of less than $80,000 pa & limit the number of homes that can be bought by a single person or corporation

We should have zero corporate ownership of homes, zero foreign buyers, and increase the empty homes tax to over 100%

Yes…since governments are doing zero to deter profiteering in this area they need to start subsidizing housing until such time as housing prices drop to 33% of the average income in any geographical area.

This is a free economy and as soon as you start subsidizing this of that, every other damn thing you no longer have a free economy.

There should be CMHC mortgage loans that provide stability to lower incomes, and help them afford a house alongside other Canadian home owners.

Right now yes because prices are too high

120k is a TON of money. I’d rather see the down payment minimum go down or the stress test percentage

We need to focus on housing the great Canadians we have before we even think about increasing population.

I think changes should be made to lending to allow rent stats to be taken into consideration (ie if you paid your rent on time, every time, for so many years that is a factor) as well as amounts. Often mortgage payments can be LESS than current paid rent

I feel that if u make 120k per year that's a lot of money, if it was dropped to below 60-70k then yes they should.

no, but the the government should limit the number of homes that can be bought by a single person or corporation.

The subsidy should be based on the average home price in the city which it is being bought in. Some places would need a subsidy even if a couple were making over 200k

No. The housing sector should be nationalized, with rent paid directly to local governments on decades-long leases like in China or how it used to be in the USSR.

I do not believe this because if someone makes 120k and someone else makes 119k should they be the same?

No they should not subsidize home ownership. The government should limit foreign investment in the housing market and also limit the number of homes that can be purchased by individuals or corporations.

Yes. And no corporation should be allowed to own multiple homes unless they have a tax increase. And citizens should not be allowed to own so many homes as then they restrict affordable places and affordable rentals. They should only own 2 places total. And only those with a citizenship should own property.

Make the house cheapers

Yes, it'll be very helpful, especially in finance.

Lower housing costs

STOP Allowing the commodification of housing. Housing ,food ,water and heating energy should be basic necessities in a northern country(Federally regulated) NOT for the profit of a few psychopaths.

Focus on reducing cost of house rather than subsidizing

Government should charge more so they don't have houses

The government should help those making under 90k

make the process of building house for contractors less wait time. Some wait times are like 8 years bruh and if we can build houses faster then we can have lower house prices. Supply and demand bro.

If they have a family then yes

The government should subsidize home buyers who make less than $100K per year.

Help them if they ask for it

Depends on the financial situation

Increase the household sum

no because people need there jobs and that's not fair to them

Depends on location. Some housing markets are really hard to get into, others are not.

We should encourage Canadians to save money for a house or other future financial goals by opening avenues for them to save for it, like through TFSAs or RRSPs, even through other means like the First Time Home Buyer's Incentive, and potentially removing student debt as ways to help them achieve their goals.

it depends on the house and the buyers

Jeff Bezos makes 80k per year

I would say be cautious. We should encourage people the ability to save for a house through different programs, but we shouldn't necessarily be subsidizing individuals alone. We should be making affordable housing more accessible, bringing down prices as much as possible as well as other reforms.

no, I think that the government should subsidize people who make less than 100k a year

No but Enact the polices that allow for cheaper houses.

depends on age and health

Yes, but at this point in the economy, the minimum amount people need to make to get help should be raised. A combined family income of $120k is not enough to buy a house on their own. The government should also limit the number of homes that can be bought by a single person or corporation.

No and decrease the cost of housing

Government should instead focus on regulating housing while investing in complexes for low-income workers

Yes. There should be a law that prevents anyone from just coming into the housing market to buy up properties just to increase the rent to a outrages amount.

Yes, and the housing market should be completely nationalized

The government should subsidize home buyers who don't have a house.

only if they make less then $70k per year

They should help pay for a bit.

No, we need to increase production of homes and subsidize people buying property in order to build housing on the vacant lands.

yes, but there should be thorough background checks and proof that the people aernt scamming or being lazy.

proof that you actally need it

They should just build more housing.

No, if you have the money to do so there should be nothing wrong with owning a number of homes.

Yes, and the government should limit the number of homes that can be bought by a single person or corporation, by imposing a bracket tax based on the number of homes an beneficial owner owns.

Focus on implementing regulations to limit the the power banks and other financial institutions have over home owners

If they can do a back flip

Stop the 25k penalty for not having 20% dow.

It's the cost of housing that is the issue in comparison to the wages that aren't going up with inflation.

The government should limit the number of homes that can be bought by a single person.

No, but the government can offer a grant only to first-time home buyers

Home buyer's incentives need to be tailored to the geographic location. I.e. - what is the average salary vs. cost of housing? Vancouver and Toronto have significantly higher cost of housing and should be at different thresholds.

Cover there mortgage insurence

Yes, but only people who make above 40k a year or people who are victims of domestic abuse

Just stop people who don't live here from coming over and buying up properties only to rent it out to broke students and basically getting those kids to pay for their mortgage.

Housing needs to be de-commodified entirely. Social housing is the way.

Yes, and the government should focus on the construction of more homes

The question is not specific enough to accurately answer.

Focus should be on removing speculator buyers and foreign buyers. As well as those whom own million dollar homes yet claim poverty level income. Claimed income is not always an affordability indicator.

I feel it’s very important that the prices of homes be capped. It’s out of control.

Yes, foreign buyers should be banned or heavily taxed

Give money to the people who need it

Only with limitations on how much the house can be resold for and/or thru building social housing available to purchase with qualifications/criteria such as income level, availability of suitable housing etc

What does subsidize mean?! IM A HIGHSCHOOLER

housing prices should be frozen to prevent pricing homes out of reach of normal working citizens

Yes, and properties should not be able to be owned by a numbered company or corporation

Government should control housing prices

It should be subsidized under $6000

everyone needs a home

Yes, but subsidies should only apply to Canadian Citizens, and limit number of homes that can be bought by a single person or corporation. It is not essential to own 10+ properties to "live".

Should be decided on a case by case basis

it would be nice to be subsidized, but i don’t want to see the taxes get jacked to pay for this

No, instead require real estate businesses to be owned by employees and stakeholders.

It would totally depend on the type of subsidy - universal basic income, social assistance, etc.

No, but the government should ensure that affordable residences for rent exist for people unable to purchase homes

Maybe have incentive programs for 1st time buyers and young people to keep the economy stimulated, like in early 80s...AHOP program, or less required for down payment, many youth can pay as they work and may even make good money but at such astronomical prices, they will take decades to get the down payment. Also, for a short time, maybe limit the number of homes per one person, as they buy them and hold those who don't have all that cash hostage so you are forced to only rent while they get richer and prices rise and youth NEVER get to own... Even if they create a % cap over what ind…  Read moreiv. Paid as it just gets crazy so a HOME is not a home, but a commodity to make money... Ok for that within reason for budget, inflation and fair rental rates... Some kind of incentive to owners to rent to seniors on gov. Pension income only... Much work to do here

Subsidize legitimate Canadians and restrict laundered money using our realty as a safe haven

ban bidding wars. no home should sell for more than its current worth, not hundreds of thousands over. stop blind bidding. make current home owners pay higher down payments. the more homes they own, the higher the down payment. proof of where money has come from to prevent homes neing bought with dirty money. eliminate, or hugely reduce payouts to share holders where corporate ownership is concerned. getting rid down payments all together for first time buyers. making interest higher buyers buying 2nd+ homes. interest should be higher with each new property. make tenancy act more in favour of tenents to discourage slumlord investing.

Yes, and the government should encourage denser housing construction, penalize multiple ownership, and ban foreign buyers.

Depends if people are actually working, or if they are deciding not to work

Yes only after going through a application process for eligibility

Make land ownership limited to Canadian Citizens only

The government should limit number of homes for businesses or single person is interesting... more information and conversation needed for a decision.

The government should subsidize home buyers that make less than 180,000 per year

Yes, and housing prices should be regulated to prevent exorbitant and prohibitive real estate prices.

Subsidize everyone including the poorest ghettos in the downtown east side to remove the homelessness from the downtown east side including the rich

No, let them rent and save.

The government should subsidize home buyers who make less that $75K per year

For 1st time home owners