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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@9RC6QJK9mos9MO
No, the government should limit the number of homes that can be bought by a single person or corporation
@9628FT63yrs3Y
I think that they should be allowed to apply for it if needed
@93T62N83yrs3Y
No but they should limit the homes that should be bought by a single person or corporation
@8W4TQ2M4yrs4Y
No because why does it matter and why should the goverment care about how many houses a single person buys.
@8VY25JG4yrs4Y
the government should subsidize people who cannot afford a home
@8TW2HNL4yrs4Y
No, Government should take measures to ensure Canadian real estate is for Canadians and is affordable. Including limits on square footage and luxury taxes on oversized homes.
@8T4CBN24yrs4Y
Yes but can’t be enough that they live off it because it will not promote working for their money or achieving their goals.
Less than 80k per year before tax
@8PKDRJL4yrs4Y
@8ZKR6Z83yrs3Y
No, government shouldn't subside home buyer, but provide safe net for those homeless
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