I think the real estate related plans are great ideas, but agree the devil will be in the details.
I believe the first time homebuyer's plan was "up to $25,000.00- I'm sure the amount will somehow be related to the purchase price. Many people, not just young people have good jobs, good credit, qualifying salaries, but no down payment. You can raise the asking price of the house as high as you want, but the market will determine what you can expect to get and what it will appraise for.
I don't think you'll see the same issue with foreclosures as in the past because banks and lenders are already much more strict with qualifying criteria. Banks don't want to own houses, lessons were learned.
I'll save my comments on the other plans until I know more.
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