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.
@93RHLMN2yrs2Y
Yes, but only qualifying families with low interest rates
@8VDJBYK3yrs3Y
Control the root cause of housing crisis
No, remove regulations to facilitate more constructions instead
@Evilraz2yrs2Y
Yes, and the government should temporarily ban investors from purchasing homes.
@nnekascott3yrs3Y
Yes, and every citizen should receive a free home
