>Getting a mortgage should easier (stop requiring insane credit scores)

>Making the downpayment should be easier

Didn't end so well last time these types of requirements were eliminated. Owning an apartment or house has far more costs associated than just the monthly payment and you need to be pretty financially stable to cover these costs. For example, I had to pay 15k out of pocket earlier this year for repairs on my apartment building as part of a loss assessment.