There's already an incentive to take on the responsibility of home ownership. It's called learning marketable skills and making responsible choices in life so one can afford to own a home.
This program is going to create problems you can't even imagine. There will be special interest groups hiring lobbyists to make sure they're on the lists of those qualifying for grants. There will be lawsuits for discrimination and the like. The cost of homes will rise because of the increase in demand.
While the intent of the program may seem noble it is simply a government wealth redistribution scheme to buy votes. The grants are financed by taxes taken from other working Americans who, themsleves, may be trying to buy a home.
There's already an incentive to take on the responsibility of home ownership. It's called learning marketable skills and making responsible choices in life so one can afford to own a home.
I agree, but sometimes people who make those decisions still need help.
I made the decision to go back to college but could only afford it with a Gov't grant. I took advantage of it, worked hard and graduated first in my class with a 4.0 GPA...AND have been a more productive member of society ever since.
This program is going to create problems you can't even imagine. There will be special interest groups hiring lobbyists to make sure they're on the lists of those qualifying for grants. There will be lawsuits for discrimination and the like.
We already have numerous Govt programs and grants that could just as easily cause all the problems you describe.
This program will be nothing new in that respect.
The cost of homes will rise because of the increase in demand.
That's funny, I could have sworn I heard some expert say just the opposite on Cavuto today.
In any case the cost of homes have been rising faster than incomes for several years anyway.