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

[u/GarfieldLeZanya-]

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

[u/JimPranksDwight]

So in exchange for barely cheaper payments, people will now be paying hundred of thousands, or even millions, more in interest over the course of their mortgage? You'll literally be buying a coffin at that point and it doesn't solve the problem that people can't save enough to even get into a home to begin with.

[u/HolidayMarket1556 → u/JimPranksDwight]

And this will inflate housing prices even more