So true. This just allows you to give more of your money to a bank over your lifetime. People almost always end up spending as much as they possibly can on a house, usually because they're in competition with a big cohort with similar income in any given area. This will just raise prices as people can get bigger loans.

As a current homeowner, I'm ok with prices going down if more owner-occupiers are actually getting into the market (and ending up as owners not just tenants to the bank). But as long as speculators and corporations can sweep in and steal the deals these lame policies just feel like more corruption.