Ottawa’s new budget includes a tax break for first-time home buyers.

The federal government says any first-time home buyer purchasing a new home valued under $1.5 million will not have to pay the Goods and Services Tax (GST).

“It looks like it’s not enough, it’s a starting point, but they still need to work on that,” said one Vancouver resident to CityNews.

In the Greater Vancouver area, the average price for a detached home is over $2 million – renters say the tax break isn’t enough for first-time buyers to enter the market.

“The prices are really high right now. They’ve been going down the last couple of months, but they still are pretty high since the pandemic,” said the resident.

“If it’s B.C. wide, it’s going to force first time home buyers out of the city, is what I’ll supposed

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