>Why should those who are saving for a home be penalized by rewarding all the people who took out loans they couldn’t pay back?<
It is NOT PC to require people to be responsible for their actions or inactions! If you were stupid, as I was, and used self control when you bought your home, then you (and I) were foolish.
It's hard to find a candidate who subscribes to these values, mister. I can only seem to find one...