re: Trump promoting a 50 year mortgage. Dave Ramsey will lose his mind. Terrible idea - imo

Why is it terrible?

Everyone complains about affordability. A solution is presented then everyone complains about it

This is why conservatives always lose

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People are complaining about affordability to own the home, not the monthly payment

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So the monthly payment doesnt factor inro affordability?

This is like you trying to tell everyone that values wont go up over time

Then you show are chart that shows that they always do

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So the monthly payment doesnt factor inro affordability?

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Literally covered in my post

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Conceptualizing this argument in terms of monthly payment is a lower-level way of discussing the issue.

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This is like you trying to tell everyone that values wont go up over time

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Again, you are mis-quoting me.

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The question is what happens when houses aren't appreciating assets anymore (for a sizeable amount of time, not in perpetuity obviously)

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You're specifically ignoring what I actually said and just making shite up, as you're known to do.

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A solution is presented then everyone complains about it

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Just because it's a solution doesn't mean it's not a stupid solution. You cannot honestly and with a straight face think that a 50 year mortgage is a good idea. You just can't.

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Just because it's a solution doesn't mean it's not a stupid solution. You cannot honestly and with a straight face think that a 50 year mortgage is a good idea. You just can't.

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Umm yeah i can. Its no different than a 30yr. You and everyone cannot give any reason why its not a good idea other than values will go up

Thats it. Oh and muh interest. And you are the ones claiming someone will sit in a loan for 50yrs making the same payment

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No we are talking about affordibility to buy homes which the only thing ppl care about is the payment.

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That's a pivot, and I already covered that

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People are complaining about affordability to own the home, not the monthly payment like we're doing a four square at a car dealership.

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You are literally not talking about that and trying to seem smart

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I specifically covered that (see above)

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You proved that by burning yiurself with your own appreciation chart

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Again, you're just making shite up.

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Because most of them will

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This is why no one can take you serious

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Or they'll sell and get another 50 year mortgage

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Like they do with a 30yr

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They may as well just rent.

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This is genius advice

1- It’s a far more workable solution than rent control

2-it’s a hedge against increasing rent, which is the biggest problem facing young people

3-it’s an appreciating asset so the equity in it will naturally also increase even if they’re making minimum payments

4-nothing prevents anyone from paying early

5-increases stability in communities

6-it creates a heritable asset

7-I’d much rather see someone finance a house for fifty years than rent a house till they’re fifty.

8-it’s feasible if there were age limits, and down payment requirements for qualifying

9-creates greater demand, and thus increases existing home value without flooding market with cheap supply

10-nothing prevents anyone from purchasing 15/20/30 yr mortgages

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Then this also applies to a 30yr fix

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Again, you're just making shite up. The fact that you make shite up confidently doesn't affect its legitimacy.

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Again, you're just making shite up

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Please breakdown how im making shite up?

You just say that when you get caught looking like a fool