Firstly, every new homebuyer acknowledged that when government taxes, fees and charges are low, affordability improves and makes the goal of owning a new home easier. One home purchaser of a new single-family home in Whitby said that the $130,000 savings through the HST rebate program was the equivalent of saving on four to five years of mortgage payments. Another home purchaser said they never would have been able to afford their new townhome without the HST exemption.
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