Pemeliza has a good point, if you would like an historical perspective of how Government intervention plays out when it comes to attempts at propping up assets then look to Japan.
Debates like this were going on in Japan and 18 years later RE is still going down. Incidentally the Japanese Gov. really never has abandoned efforts to stabilize home prices in Japan and 18 years of trying is still failing to get appreciation other than an occasional blip. My two cents.