re: The 50-year mortgage is a good idea actually

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I feel like this effect will be fairly minimal, if it would even exist at all.


You aren't building equity through paying down principal for a substantially longer time vs a 30 year. Also your cashflow isn't gonna be all that much better given that a 50 year will likely command a higher interest rate vs a 30 year.


Seems like the complimentary increase in home prices will wash out any affordability "gains" there might be.

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First, this all depends on an [b]individual's/b] ability to produce a higher ROI than the interest paid to buy the money, tax implications included as well. This is why the savvy prosper in the scenario and the non-savvy do not.

The increase is RE prices due to the longer loan periods is what helps drive the wealth building. As long as that increased inflation of RE continues you are generally better off having bought as much house as possible.

It is not a simple formula nor is it guaranteed. There are minor complexities that add up like income tax on separate investments and RE tax, insurance and possible SALT and interest deductibility issues. None of this is assured as they can all dramatically change but again this complexity is why the savvy prosper.

Hey, bring your Green hat!

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but your sentiment in the OP seemed to suggest that a 50 yr mortgage might not be such a terrible idea.. i am here to tell you and all the other partisan hacks here

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It’s not a terrible idea compared to renting, and I didn’t vote for Trump in the last election. I voted for the Libertarian candidate.

Flawed premise is flawed and stupid post is stupid (once again)

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It’s not a terrible idea compared to renting, and I didn’t vote for Trump in the last election. I voted for the Libertarian candidate.

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Ok fine, then i stand corrected.. if you did not vote for this, then consider my posts in this thread aimed at all the other degenerates who did .. btw i didnt vote for this either, so we are on the same side as far as that goes .




I still think you are nuttier than a fruitcake though if you think that these ideas being floated arent absolutely retarded .

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Getting a loan at 25 that wont mature until you are 75

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The loan maturing is not the only way to discharge the loan.

I can think of at least two other ways that can happen much faster than 50 years.

50 year mortgage is renting

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She was the other choice. It was Trump or price controls at the grocery stores and whatever else Momala thought was a good idea.

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Bro, i was born and raised in the Boot.. i am here to tell you that Kamala could have been the second coming of Ronald Reagan .. take her policies out of the mix for one second (im not defending them or condemning them, im just saying) she could have been Newt Gingrich 2.0 or whoever else yall have worshipped over the last 30 years (or is Newt a RINO now too, i cant keep up).. im telling you that none of the S La baws i know would have EVER, not in one million years, would any of them ever pulled the lever for a black chick named Kamala……. I cant think of a universe where most baws posting here would have ever done that .. alls im saying is be honest, it’s not her policies, it’s the other stuff that you find offensive.. it’s ok, just be honest about it .

Imagine being upside down on a house.

And only idiots don't make at least one extra payment a year.

How anyone thinks this is good is beyond me. Pass regulation on institutional ownership and provide incentives for brownfield development and restoration. That is how you help out Americans with home ownership. $2K free checks and 50yr loans will do nothing but make things worse.