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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@B4H5T5Z2wks2W
The subsidies should be on a sliding scale less for the higher income and more for the least income.
@9JRN9GN1yr1Y
It should be given to people with fair reasons for it, but there should be a time limit on how long the government provides this
The income should be less then 120 000
@95QKZXP3yrs3Y
The government should treat any home buyers as equal whether your earn more or less.
@8VHT6DM4yrs4Y
Depends on whether the person is doing the best he can or society or being lazy of his own accord
Yes, but only in cities where home ownership is unattainable for the average person
@8S624SJNew Democratic4yrs4Y
We need more subsidized, affordable, rent controlled rental properties in Canada for those who simply will never be able to purchase a property. Our system is biased towards ownership. That is backwards, narrow-minded thinking.
@8QYZ7L44yrs4Y
Only if they are unable to work, or if they are trying to contribute to society as best as they can.
@8K222LS4yrs4Y
the income should need to be lower to get subsidies you should have to be so broke you are basically homeless to get money
@8CWBSL25yrs5Y
Make a tax credit to encourage home buying
@9C7K3BB2yrs2Y
@99SCPTQConservative2yrs2Y
Subsidize should be limited to a number or buyers per year, and have a waitlist.
@99PNYRM2yrs2Y
No, we need to make buying a house more accessible by not driving up inflation and putting our country in the most debt it has ever been in.
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