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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@8NYJNV34yrs4Y
The government should limit the number of homes that can be bought by a single person or group
@B4NWTNK4 days4D
just find a way to lower the cost of living, including finding a home, condo, townhouse of any size.
@B486XBX3wks3W
No because home prices should be brought in line with incomes. This could only make the situation worse.
@9LD8F4Q1yr1Y
No, and reduce inflation, stop immigration, and send everyone who’s immigrated here in the last 10 years back to their home countries so that we can have our country back for ourselves—less people is what we need, not more homes.
@8VHJHZ54yrs4Y
no, the national debt is to great for that right now but maybe after the debt.
@8VGW3YY4yrs4Y
I do agree that they should subsidize people who make less then 120k but then the taxes that come with that have to be regulated to the rich not the middle class.
No one should get subsidies for housing based on their income level.
@Gabrielv24yrs4Y
No, people who make less than $100K per year.
@98FW6SK2yrs2Y
Create more affordable housing
@8SYDDSX4yrs4Y
Yes, but they should only subsidize buyers who make less than 100K
Yes only if there aren't selling restrictions on the first home. There can be selling restrictions on the 2nd and 3rd homes. This will promote more economic mobility between the bracket.
@B4Q5RTP 3 days3D
Need to produce smaller bungalows style homes instead of developers building to what they can make the most profit on
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