[at-w]

It's an even more astonishingly bad idea if you just consider the buyer side. What could possibly go wrong with expecting 18 year olds to be able to buy a house with no credit history or assets to speak of? Forget renting a dorm, just come up with hundreds of thousands or millions of dollars and buy a place so you can go to school somewhere for 4 years. Then every time you move jobs, simply incur the massive transaction costs from selling that house and buy a new one.

Not to mention forcing even those who do somehow have massive amounts of cash or go into major debt to lock up all of that in an asset that historically underperforms productive investments (stocks), and putting their entire net worth in a single asset with no diversification whatsoever.