That is the maximum in household income, not that that's the income required.

As someone who had to put down 27.5% to qualify as a self-employed individual, an opportunity to put down 5% would have meant I could have bought a home years sooner. Rules are different for self-employed people and those who earn a salary at a private or public organization, but if this helps someone earning $70k a year buy their first home several years faster, that's ultimately a good thing.

I understand my man

Typically, these programs limit the sale price by qualifying income. By setting the income so high, with such a small unit, the discount will likely default to the BC Housing minimum of 5-10%

Can you speak to how the maximums are set? $163,000 is a decent household income.

It certainly is decent. Interesting times we've reached where families with up to 163 000 income are even considering small 571 sqft condos.