These subsidies are financial aids from the government to help individuals purchase their first home, making homeownership more accessible. Proponents argue that it helps people afford their first home and promotes homeownership. Opponents argue that it distorts the housing market and could lead to higher prices.
Yes, but only for those who are under a certain low income. Those who are in upper class won't be included.
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Yes, as long as the buyer shows proof of stable income and seems to be stable enough to do his responsibility to pay
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