@davisalw FHSA won't be any cheaper, since you are so good with color...
As an aside 22,826 people took it up... Even if the cost per transaction was $20k, it ends up being less than 500 million which is certainly less than what FHSA will cost and definitely less than zillion. Drop in the bucket really.
Tax revenue lost to 22,826 middle class people who put in $40k over five years at 30% marginal tax is $274 million for FHSA. I'll bet you money that 10-20x amount of people will take this program on because it's so simple to do and very beneficial.
The original program probably paid for its costs with appreciations on homes along the way.
Also, don't be a jackass, as anyone can be one. Do better.