[thaumasiotes]

> The GP comment I credited described the "maximum amount of loan" as a function of buyer income and interest rate.

But the price of the house is set without reference to buyer income or interest rate. It therefore cannot depend on "the maximum amount of loan", which is an incoherent concept anyway.

The government program juices demand by making financing more available than otherwise. This raises the price of homes. But that's the limit of what we can say.