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re: POLITICO: WH officials upset with Pulte who talked Trump into suggesting 50-year mortgage
Posted on 11/11/25 at 3:33 pm to SlowFlowPro
Posted on 11/11/25 at 3:33 pm to SlowFlowPro
quote:
Just refinance. Problem solved
Yea as if that is a free service
1
Posted on 11/11/25 at 3:33 pm to stout
It's as if some people pushing that benefit from it occurring
Posted on 11/11/25 at 3:34 pm to stout
You are so butthurt over the 50 year mortgage for some odd reason. Here’s an idea: don’t get one
Posted on 11/11/25 at 3:34 pm to SlowFlowPro
Posted on 11/11/25 at 3:36 pm to SlowFlowPro
quote:
It's as if some people pushing that benefit from it occurring
Cough cough SDV cough.
Posted on 11/11/25 at 3:36 pm to Rip Torn
quote:
You are so butthurt over the 50 year mortgage for some odd reason. Here’s an idea: don’t get one
Crazy thought - maybe he has the ability to think outside of his own situation and realize that systemically it's a bad idea that won't benefit the American people.
If you claim to be America first you should oppose policies that don't benefit American citizens. I know this is really deep stuff but you should think about it.
Posted on 11/11/25 at 3:37 pm to Rip Torn
quote:
You are so butthurt over the 50 year mortgage for some odd reason. Here’s an idea: don’t get one
Because it's bad policy that will further make homes unaffordable in the long run.
A better fix would be to do nothing for a decade, keep rates high, creating stagnation in home values, and let wage growth catch up. We will never do that because, as the poster above in this thread said, too many people's fake net worth is directly tied to their houses.
Posted on 11/11/25 at 3:37 pm to SlowFlowPro
You’re proposing taking away 20-30% of the value of the average Americans net worth and the only upside you can provide is a vague movement back towards a “free market” and a meme.
I’m done engaging with you.
I’m done engaging with you.
Posted on 11/11/25 at 3:38 pm to Powerman
quote:
Crazy thought - maybe he has the ability to think outside of his own situation and realize that systemically it's a bad idea that won't benefit the American people.
I own multiple houses and vacant land so you would think I would be cheering for anything that will drive prices up but I know how this all eventually ends up.
We can't keep kicking the can down the road.
Posted on 11/11/25 at 3:38 pm to stout
quote:
A better fix would be to do nothing for a decade, keep rates high, creating stagnation in home values, and let wage growth catch up. We will never do that because, as the poster above in this thread said, too many people's fake net worth is directly tied to their houses.
This sounds like a much better strategy than sending out welfare checks and promoting 50 year loans.
Posted on 11/11/25 at 3:41 pm to tide06
quote:
You’re proposing taking away 20-30% of the value of the average Americans net worth
It's unrealized and only imaginary until they sell. Once they sell, they have to reinvest that to live somewhere. It's not real net worth if it's just tied up in one property, considering they have to live somewhere
Mine is real net worth because I can sell a few properties tomorrow and turn that into cash that I don't have to use to buy a place to live.
Posted on 11/11/25 at 3:44 pm to tide06
quote:
and the only upside you can provide is a vague movement back towards a “free market” and a meme.
That's not the ONLY upside
People will be able to afford homes again and home prices will be more in line with salaries. It will also help curb the toxic investment culture around homes, which just creates bubbles and bailouts and bubbles.
Yes, some people will face consequences for risky behavior, but that's going to occur eventually. This bubbles built on bubbles mentality is not sustainable. Our GDP literally cannot afford the endpoint of this toxic economy.
Posted on 11/11/25 at 3:45 pm to Rip Torn
quote:
You are so butthurt over the 50 year mortgage for some odd reason. Here’s an idea: don’t get one
Is this a fix to the affordability crisis like trump says?
Posted on 11/11/25 at 3:46 pm to Powerman
How can this administration simultaneously argue that a lower inflationary environment necessitates lower interest rates and then say in the same breath free money for everybody?
Can we hold the line for a while on lowering inflation , lowering interest rates and increasing wages before we flood everyone with a cheap money high?
Can we hold the line for a while on lowering inflation , lowering interest rates and increasing wages before we flood everyone with a cheap money high?
Posted on 11/11/25 at 3:48 pm to stout
Your entire last paragraph would be economic and political suicide. For the 1000k time, interest rates are not the driving force behind the US’ inflationary pressures; debt and deficits are. The only thing arbitrarily high rates would do is increase our interest payments and destroy what’s left of the US economy
Posted on 11/11/25 at 3:48 pm to SDVTiger
Kinda like when they allowed people to take out loans for 30 years instead of 5 years on boats and peices went through the roof b
Posted on 11/11/25 at 3:49 pm to Lsupimp
quote:
Can we hold the line for a while on lowering inflation , lowering interest rates and increasing wages before we flood everyone with a cheap money high?
We have held the line for nearly 2 years now with higher mortgage rates and home values have been pretty flat, and even dropped in many areas. We need about 8 more years of that so wages can catch up and bring affordability back, but Trump just wants his lower rates at all costs.
Posted on 11/11/25 at 3:50 pm to Lsupimp
quote:
How can this administration simultaneously argue that a lower inflationary environment necessitates lower interest rates and then say in the same breath free money for everybody?
It's as if they have no overriding political philosophy or principles...
Posted on 11/11/25 at 3:52 pm to Rip Torn
quote:
Your entire last paragraph would be economic and political suicide
There has to be some pain felt somewhere to get out of the mess we put ourselves in, but no one has the stomach to do it, so we will lower rates, and RE prices will once again leapfrog over wage growth.
We truly will be a nation of renters and 50-year mortgages won't change that, but instead amplify it
Posted on 11/11/25 at 3:53 pm to Rip Torn
quote:
. For the 1000k time, interest rates are not the driving force behind the US’ inflationary pressures
Interest rates are related to mortgage interest rates, and that influences RE prices. Yes, printing money does, too, but it's not the only manipulation.
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