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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@9HV5QFW1yr1Y
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.
@9FGQD5G2yrs2Y
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.
@95FPSGB3yrs3Y
Jeff Bezos makes 80k per year
@8VMSVG74yrs4Y
Yes, and the government should focus on the construction of more homes
@8VJGW544yrs4Y
Yes, foreign buyers should be banned or heavily taxed
@8VBFVV34yrs4Y
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".
@8V2LWY24yrs4Y
The government should subsidize home buyers that make less than 180,000 per year
@8RB4X4Z4yrs4Y
Yes, depending on the region
Subsidized isn't the right word. Instead, we should have savings accounts, student loan pauses, and TFSA/RRSP as well as housing investment to help.
@9C7ZMY7Conservative2yrs2Y
Yes but only on the first purchase of a house
@8YTQCCL3yrs3Y
No, unless there is a shortage of housing opportunities
@8X6PZPCNew Democratic3yrs3Y
No, but more low-income housing options should be funded.
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