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by 88913527 1110 days ago
If everyone could accessibly own a home free and clear, there'd be less incentive to work; it's a household's largest expense. That and employed-provided health care coverage.
3 comments

What about just affording a mortgage or rent without college education, dual incomes, moving away, having few or no children, plus receiving an inheritance?
Social housing is a thing in much of the world. Housing is cheap in many countries around the world as well. Healthcare is free in most of the world and good standard in majority of the developed world.
Social housing tends to exist in countries where housing isn't cheap, for obvious reasons.

And "free in most of the world" dramatically oversimplifies an entire spectrum of healthcare funding models.

Healthcare is not free, it's taxpayer funded and consumes a huge portion of the national budget.
You think people would just stop earning money if they owned a house outright?

Have you met people?