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.
@8TWZJFZ4yrs4Y
No I think capping arbitrary housing prices would be a better solution
@8TGH3P84yrs4Y
All housing should be free.
Yes, and the government should provide housing to those who are houseless and/or struggling
No. The government should offer special homes/apartments for these people.
@9BCY9BJ2yrs2Y
What else are these income earners spending their money on?
The government should build social housing units for everyone, so that we have affordable housing for all.
Yes. The government should not allow people to own more that three houses (unless they are landlords and renting out their houses) so there is more room for people who need housing.
Should subsidize homes for the less fortunate and low income people
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