Assistance programs help homeowners who are at risk of losing their homes due to financial difficulties by providing financial support or restructuring loans. Proponents argue that it prevents people from losing their homes and stabilizes communities. Opponents argue that it encourages irresponsible borrowing and is unfair to those who pay their mortgages.
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@B43P7NP4wks4W
Completely dependent on the circumstances. For example, a person who has lost their job through no fault of their own should absolutely get help. But someone who is over leveraged and spending on things they cannot afford - no.
@B4NLL6DNew Democratic5 days5D
Only if they're unable to make mortgage payments as a result of illness or injury preventing them from working.
@B35DJCPNew Democratic2mos2MO
Yes, but only on primary residences and not for any investment properties which have fueled real estate speculation
there should be some sort of assistance that one would apply for. I feel that some small assistance may help a family in a tight situation and get them back on track without a total loss.
@9W4ZCYF6mos6MO
They should provide assistance only for properties up to a certain amount. If someone bought a luxury property and are spending well beyond their means and can afford to downsize, they should not be helped. But for average families in a small home, townhome or condo, should be helped.
@9TC7PPGConservative7mos7MO
Yes, but the amount for foreclosure should vary depending on the person's income.
@9TBC8JX7mos7MO
Only if the homeowners are actually trying to pay bills instead of being lazy and on drugs/alcoholic/a gambler
@9SKVQS88mos8MO
Govt could buy out the property for resale so the homeowner does not lose everything
@9QYHT2W9mos9MO
No, they should not own the home if they can't pay for it.
@9QYCLZN9mos9MO
If it’s possible and people don’t take advantage of it, sure.
@B27923B4mos4MO
Yes, but only if it is needed and the need is out of genuine incapability to come to financial stability. For Example, being laid off from a main provider of income. Example of ingenuine incapability, quitting your job, mental stress.
@9VNSHWV6mos6MO
as long as the people can show that it is going to good use and they are using it for what it is intended. or if they have a good record
@9VJ6C4K7mos7MO
Yes, but only if it's is proven that they cannot afford to downsize based on a maximum number of residents in the household. (Id 3 families live in a large house and can't afford it, don't help them).
@9TXBP2YIndependent7mos7MO
Depends on circumstances, generally no. During a mass event such as pandemic yes.
Bad financial planning is of no fault to the government
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