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:
@95CZ6XV3yrs3Y
I actually don't even knoe.
@958VWFH3yrs3Y
Subsidize home buyers who make less than $60k
@8VMFF3S4yrs4Y
They should subsidize Canadian citizens, giving priority to those who have spent most or all of their lives in Canada.
@8TVYD3K4yrs4Y
Yes, but it should depend on the cost of living for the region they subside in.
Prohibit international interests from purchasing residential real estate in Canada, thereby driving up tue cost of housing.
Subsidize homebuyers who make lower incomes.
No, they should subsidize home buyers who make less than 60k, not 120k.
@8R4BV9N4yrs4Y
Only if they are struggling to have roofs over there heads
@8QB5MFZ4yrs4Y
This question doesn't really matter if the price does go down.
yes, with conditions such as for a basic home
@8R32NKW4yrs4Y
yes,to help them not end up on the streets
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.