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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@8DTFW3X5yrs5Y
government, should help out people who earn less and should limit number of homes that can be bought by a single person
@8TJ5LNT4yrs4Y
No, and the government should limit the number of houses that can be bought by a single person or corporation
@95XK8CC3yrs3Y
Governments should subsidize home buyers who make less than $70,000 per year
@93RB6873yrs3Y
The government in addition to doing this should lower the cost of housing in order to avoid spending so much on helping others.
@8TWZJFZ4yrs4Y
No I think capping arbitrary housing prices would be a better solution
@8TFVW57New Democratic4yrs4Y
Government should address the causes for the rising housing prices.
@8QLN8WV4yrs4Y
Depends on the location of the housing, and amount of family members that are either ineligible to get a job, or much harder for them to get a job.
Yes, but for people with obvious financial struggles
@8PJY6KH4yrs4Y
Subsidize combined income less than $120K if the homebuyer(s) purchase their first home as primary residence.
@98QLV4Y2yrs2Y
They should only subsidize them if they make less than 90k
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