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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@B4BF3T33wks3W
Yes Ona first home and no subsidies to corporations or other individuals in the rental business. Subsidies only on a person's first home
@8VLTJNR4yrs4Y
making 50k or less per year
No, but should provide incentives to provide more options for low-income individuals and groups in terms of housing.
@8VC4RP74yrs4Y
Yes because no one can buy a house at this rate with how expensive they are.
@8TPGHZP4yrs4Y
If they make less than $75k then the government should subsidy them.
@8SSCJP24yrs4Y
Not everyone who makes less than 120K a year needs government subsidies however there are those, such as those on AISH and social assistance who I believe should receive subsidies.
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.
@99C65692yrs2Y
They should help out but not fully pay it off
@98HRH7F2yrs2Y
No, and ban both Canadian and foreign entities from inflating the housing market.
@95GM3HR3yrs3Y
Depends how many people live there and how much bills are.
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