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.
Statistics are shown for this demographic
Response rates from 608 British Columbia voters.
53% Yes |
47% No |
53% Yes |
47% No |
Trend of support over time for each answer from 608 British Columbia voters.
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Trend of how important this issue is for 608 British Columbia voters.
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Unique answers from British Columbia voters whose views went beyond the provided options.
@B43P7NP1mo1MO
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.
@B4RFJ3K4 days4D
Yes, but only if that person still has a job, family, and has a valid reason why they can't keep the payments up, and or it isn't nessicerily their fault for foreclosure.
@B4PPBZN6 days6D
No, but there should be an avenue for homeowners to be forgiven loans by the bank once the homeowner has paid enough to the bank to cover the amount initially loaned.
@B35DJCP2mos2MO
Yes, but only on primary residences and not for any investment properties which have fueled real estate speculation
@B34JYJP2mos2MO
Government should have programs available for people to access depending on circumstances of foreclosures
@B32CD5R2mos2MO
CMHC should protect the home owner and not the bank. Since it is the home owner who pays the premium
@B2Q2PLC3mos3MO
it depends on the circumstance, not if they were laid off due to company closing and lack of jobs available for example then yes. no if they can not provide evidence proving they were laid off with such a reason and haven't been actively looking for a JOB THAT CAN PAY WHAT THEY NEED TO AFFORD to live with today's inflation
@9ZVR74S5mos5MO
Mortgage rates should be lower and locked in longer. No bank should give a mortgage for a house you can't afford
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