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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@B4F9SGD2wks2W
Yes, government should match home buyers down payments, up to a certain limit. Just giving a handout isn’t helpful but matching their dedication to their own savings, and planning, would be a hand up, and therefore more helpful.
Also yes, government should limit the number of homes that can be bought by a single person and/or corporation.
@9DHRMNZ2yrs2Y
The government should subsidize home buyers who make less than $80K per year.
@8DNJDJP5yrs5Y
Yes, some families and the homeless should be able to have access to this type of service.ddwaaasdaasdawdsssawdawdad
@8VNJDY5New Democratic4yrs4Y
I'm unsure, but housing needs to be more affordable.
@8VJP9V74yrs4Y
This is a bandaid policy- it should go deeper into creating laws to not allow for sketchy realtors
@8VH4ZRZ4yrs4Y
@8TWWMMJConservative4yrs4Y
Yes, but only for first time buyers
@8TLNMCN4yrs4Y
Yes, but for home buyers who make less than $65,000 per year and the government should limit the number of homes that can be bought by a single person or corporation.
@8TBPL9L4yrs4Y
No they should not subsidize rather make it more affordable to afford a mortgage and rent. There should be a limit to the amount of homes that can be owned by a person or corporation
@8RTRKNL4yrs4Y
Yes, but only for one time subsidy
@8D65MY45yrs5Y
Yes but I think that it should be more like $80k
@9CMX2HD2yrs2Y
Depends on their situation, like whether it's a person's single income or they have the help of a partner
@9BF276V2yrs2Y
Government should not necessarily support homeownership. They should provide more social housing and more rental housing
@96RFZZB2yrs2Y
They should help home buyers who make less than $54k per year
@8Z6LYDR3yrs3Y
No, but provinces should subsidize home buyers that are at the poverty level defined by the province.
@8Y9DVWL3yrs3Y
Yes, and the Goverment should limit the subsidized home buyer to 2 houses.
@8XZYC7Y3yrs3Y
no this will not fix the housing crisis, this is made so those who already can afford houses pay less for them
@8VVNT5V4yrs4Y
no BUT they need to limit house flipping and limit the number of homes bought by single people corportations and foreign investors.
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