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.
Narrow down the conversation to these participants:
Discussions from these authors are shown:
@B292M3P3mos3MO
We should have zero corporate ownership of homes, zero foreign buyers, and increase the empty homes tax to over 100%
@9FQY4MY2yrs2Y
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.
@8Q8NHDP4yrs4Y
The government should subsidize home buyers who make less than $100K per year.
@92FP4P63yrs3Y
No, we need to increase production of homes and subsidize people buying property in order to build housing on the vacant lands.
They should just build more housing.
@8VSV4DC4yrs4Y
It's the cost of housing that is the issue in comparison to the wages that aren't going up with inflation.
@8VMXKNFNew Democratic4yrs4Y
Housing needs to be de-commodified entirely. Social housing is the way.
The question is not specific enough to accurately answer.
@8QWJ4KV4yrs4Y
encourage churches and private companies to support more low-income housing, the government should promote incentives for churches and companies for low-income housing.
@99RMR372yrs2Y
@93KJD863yrs3Y
No, where's my subsidy. The government needs to fix our housing costs so people can get into the housing market.
@8WM3PBS4yrs4Y
what if they have like 5 whole kids they need a house
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
