[KantianBurke]

"the goal is to get as many people as possible investing and caring for their own home"

They won't or cannot invest or take care of their own home if it's given to them gratis. Larry Elder once had a pretty good analogy about how teens who were given cars for free by their parents tended to smash them up as if the vehicles were just a silly toy whereas the kids who worked hard at after school jobs to pay for their car insurance, gas and so on took much better care of them. This giveaway will end in a similar manner in addition to it being legal theft from the taxpayers.

[chiller]

Agreed that a giveaway won't create one bit of pride of ownership, but it didn't sound like a giveaway to me. As I understand, it diverts wasted welfare dollars to initially assist in home ownership process...partial down payment and such.

It kinda' smells like a feel good idea, but an innovative one with at least some potential. On balance, I'd favor it.

What's the status of the legislation. Has it passed?