RE:Fact: Your house i the biggest asset you haveThey are trying to help people get into a home. Would you rather they just give $25,000 to new home buyers?
Of course you have to pay it back when you sell. It is giving people a leg up, not a gift.
I don't understand how repayment of a government sponsored loan increases the national debt. Taking out the initial loan will, but this is the price that needs to be paid to help people get into a home.
You have to realize that there are many other synergies that gain from building new homes.