Congrats on your new house

Congratulations! You Bought A House!

Four Hundred Thousand of them, actually.

The effect of this kind of thing is to punish economic actors who are intelligent, careful, and thorough, while rewarding those who are reckless and hasty. As we know, when you subsidize something you get more of it; when you tax something, you get less of it.

That suggests that this "remedy" will not be good for the long-term economic health of the nation.