20% down payment on an overpriced, high interest loan. Not to mention property tax, high utilities, repairs, insurance. Buying a house is an absolute money pit.
Great for the children who will inherit the debt and mortgage to pay??? Even at 20% deposit how in the world will low incomes ever pay a house off when everything else rises each year......
It's sick that housing is so high and pay is so low that the government is offering a tiny program no one knows about to aid a miniscule portion of people an opportunity to buy a home. WTF?
this helps no one but the very wealthy. once again the poor average taxpayer is subsidizing the very wealthy
20% down payment on an overpriced, high interest loan. Not to mention property tax, high utilities, repairs, insurance. Buying a house is an absolute money pit.
Way to create more crisis and keep the prices up as you give loans to under qualified people.
Great for the children who will inherit the debt and mortgage to pay??? Even at 20% deposit how in the world will low incomes ever pay a house off when everything else rises each year......
It's sick that housing is so high and pay is so low that the government is offering a tiny program no one knows about to aid a miniscule portion of people an opportunity to buy a home. WTF?
Is this tax payer funded?
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Housing is a human right!