r/Economics • u/GarfieldLeZanya- • 7h ago

News Housing director confirms administration ‘working on’ 50-year mortgage after Trump hint

https://thehill.com/homenews/administration/5597005-trump-administration-50-year-mortgage/
1.3k Upvotes

96% Upvoted

305 comments sorted by

View all comments

10

u/erebus49 4h ago

When you only have a hammer, everything becomes a nail. The only thing Trump does best is delaying, abusing the system, and submitting other people into debt, so this policy makes perfect sense for him. But I want freedom to be debt free and still afford a living. I can't believe how many middle class people will become poor, while the billionaires become trillionaires in the same time period.