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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@9YDGG9X6mos6MO
If it was an investigated troubled family I would subsidize give them compensation, however if its a junky, or genuine lazy person I do not believe in subsidization.
@8VMW8L8Conservative4yrs4Y
a better option would be to encourage the removal of outdated bi laws on single family dwellings...because immigrants can take advantage of breaking these bi laws..then 2 or more family's could afford to buy a home and expand home ownership to accommodate the multiple families.
@8V6RLGM4yrs4Y
No, but introduce laws to make homeownership affordable
@8TZT5W3New Democratic4yrs4Y
Yes, but for buyers who make less than $80k per year.
@8TWMPTP4yrs4Y
MOST people make less than $120 per year... I dont believe the government needs to subsidize... but I do believe we should have more afforadable housing.
@8NT7D4H4yrs4Y
It depends, if they are immigrants then yeah, if they are canadian residents with jobs then no.
@8G9QW8L5yrs5Y
Give more money in an hour and lower the prices
@9928ZFC2yrs2Y
Yes, but only if they ask for it
@8QZQKLK4yrs4Y
No but I think they should subsidize home buyers who make less than $80k a year
@8Z5M84P3yrs3Y
there should be incentive and support for first time home buyers
@97RR33D2yrs2Y
i don’t exactly know what subsidize means
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