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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@9BMDJJNConservative2yrs2Y
yes but only for the people who require payments for their housing
@92RHTNG3yrs3Y
No, they should lower the cost of housing so it is more affordable.
@8VLLCGB4yrs4Y
No but limit the number is hikes that can be bought by a single person or corporation
@8V5N6LL4yrs4Y
I feel the government should be building more homes to make them more affordable
@8TVYP534yrs4Y
Should get involved with increased housing market and lack of income to accommodate
@8TVD7ZT4yrs4Y
Yes and with the current housing crisis, people and corporations shouldn't be allowed to buy as many houses as they like.
@8T85M334yrs4Y
Yes, but by helping in other ways such as spending control and a temperamental location
Yes, I think it’s challenging for young people today to buy a home. With the government granting faster citizenship to foreigners who purchase a home over $850,000 or bring in 1.2million cash. I think there should be some kind of program for young people (millennials) to enter the market. The conditions of employment, and cost of living are higher, and millennials and younger generations have had it more challenging than previous generations.
Depend if they need to support their family.
@95VB5JDConservative3yrs3Y
dependant on situation and family size
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