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.
@93K6Z7B2yrs2Y
No, and the government should limit the number of homes that can be bought by a single person or corporation. Furthermore, the government should subsidize large-scale public housing projects to create affordable living spaces for people who earn below a certain amount of money per year (perhaps $70,000)--these would not be homes to be bought and sold but rather apartments to be rented on the cheap (a couple of hundred dollars per month at most).
@92JKQQW2yrs2Y
Depending on their chance of repaying it.
@8ZP7Y4H2yrs2Y
Yes, and housing should be given to everyone.
@8YYJ7F72yrs2Y
No, but there needs to be more affordable housing opportunities (renting or buying) in Canada
@8YG8PGM2yrs2Y
No, but lower property taxes for low-income citizens
@8WXTTZZ3yrs3Y
No, that only will increases the cost to buying a house vs. average income overtime, making it worse.
@8VK6Q6G3yrs3Y
The government should instead subsidize renters as they don’t have the security of owning a home and the capital that comes with it
@8VB89TV3yrs3Y
Yes, but a certain level of housing should be guaranteed to all citizens.
@8V8XY323yrs3Y
Beyond my present competence
@8TZKZ2D3yrs3Y
Yes, but only with dependents
@8TF3NMY3yrs3Y
The government should grant the option for young home buyers out of college or high school and those making under certain amounts of money to be subsidized.
It should be a provincial responsibility
@8S9F8MJ3yrs3Y
Yes, but only for Canadians.
@8RS8GGG3yrs3Y
Yes, but lower the wage amount to 60k
@8RMQHGM3yrs3Y
Although there should be some help the home buyers in question should still be in charge of managing their own money and working for it.
@8R2K2QY3yrs3Y
I don’t have an opinion
@8QQ6DJV3yrs3Y
Government should provide loans with a frozen interest
@8PV37773yrs3Y
No, institute a high negative income tax (NIT) instead
@8PV37773yrs3Y
No, institute a negative income tax (NIT) instead
@8PRSZXK3yrs3Y
Only if they can’t afford good living conditions
@8PKZKCF3yrs3Y
It depends on they community the home buyers live in
@8LTBJB54yrs4Y
Establish a National Provident Fund to purchase plots of land and territory to create thriving neighborhoods.
No, housing should be affordable in the real estate realm not through the home buyer
@8HD9WVX4yrs4Y
Yes, for first time buyers.
@8G56VKK4yrs4Y
No, but they should offer other financial support pertaining to houses.
@ISIDEWITH5yrs5Y
@Evilraz2yrs2Y
Yes, and the government should temporarily ban investors from purchasing homes.
@nnekascott3yrs3Y
Yes, and every citizen should receive a free home
