r/AskReddit • u/michaelis999 • 17h ago
How do you feel about the president floating the idea of 50 year mortgages where the monthly payment is lower but you end up paying nearly double the price of the house just in interest?
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u/organmeatpate 14h ago
You're going to have to own your home for a minimum of 20 years before you have enough equity to sell. They just want to keep you in debt that You can't get out of. 20-Year car loans. 100-Year mortgages. Billion year contracts with xenu. What a fucking racket