Once these become a thing I am first in line to get one. Trump unironcially opened up financial opprtunities to join the elite class. I was born middle class but I will become part of the Oligarchy
>>61310871lol. This will be an unmitigated disaster. It’s yet another in an endless stream of boomer gibs. Home prices will absolutely explode. People only buy on payment, and they will continue to buy as much house as they can. This is one of the worst and slimiest things Trump has floated. Home prices need to come WAY down…fuck boomers.
>>61311587yeah, if this goes through, what's stopping the debtmaxxing house flipping retards from just continuing to buy everything they can finance?
>>61311587>Home prices will absolutely explodeImplying they haven't already?
>>61311587>>61311599>>61311646It's incredible that normies and leftists don't realize the thing pushing up housing prices is the fucking money printingJust end the fed already
so housing crash confirmed for 2035I'll be ready.
>>61310871>>61311587>>61311599dunning kruger here's a little fun fact for you. If you bought a $300,000 house in 1975 (50 years ago). Inflation ALONE would make it worth 1.8M today. Now include real estate appreciation?Why are most people broke? Because they don't have assets that match + outperform inflation. >doood! like ur buying 1M over 50 years thoooo!!!thats the price to carry u little retards. What the fuck do you think is going to happen to the USD in 50 years? What does 50 years of real estate appreciation look like????? THERE'S A COST TO BORROW MONEY, DURATION MATTERS. Here's what's actually important: With the way the US prints money, take any fucking debt and let them inflate it to worthlessness. We are in a STRUCTURAL inflation regime. Get as much debt as you can and let the government devalue the USD with year after year of deficit spending.
>>61311587> NOOOOO WE CAN'T BUILD MORE HOUSES THE LOCAL ELITE BOOMER HOA HAD ANOTHER TOWNHALL SCREAMING AT US NO NO NO NO!!!!!That's the biggest problem we are all facing atm. In other words, NIMBY is the problem.> OHHHHH I KNOW, LET'S CREATE A 50 YEAR MORTGAGE TO GET MORE PEOPLE TO BUY THE EXTREMELY LIMITED SUPPLY OF HOUSES ON THE MARKET!! MORE MONEY FOR US YAAAAYYYYYYYYYYYFucking boomers man.
>>61311661Fuck you. I dont want poor fags in my area.
>>61311679Struck a nerve for telling the truth, eh? I'm not saying for their to be cheap highrises built in your precious hamptons neighborhood you spoiled brat. I'm saying to loosen at least SOME of the draconian zoning laws for starters.
>>61311679They will be in your area as neighbors, or they will be in your area as invaders. Endless examples of this over the last 200 years. I don't know how or why on earth you'd presume you're specialer or badasser.
50 yr goytgage doesn't even move the needle, the difference in monthly payments between a 30yr and a 50yr is $200. this is engagement bait
This is exactly what the status quo want to be the outcome, keep the system from crash and burn.
>>61310871If the goal is to allow Boomer portfolios to increase infinitely while zoomers and millenials build 0 equity then congratulations this is it. Why not a 30000 year mortgage? think of how affordable houses would be then?
>>61311908Mortgages should be indefinite, you need to have a mortgage to build equity. It should be mandatory that mortgages are 50-100 years
>>61311793>$200 a month isn’t a shit tonYou’re a troll>>61311655That’s literally what I said in my O
>>61311679Fuck you I don’t even think owning a house should be legal nobody should be that rich
>>61310871Id rather starve to death than be the goy for the next 50 years in constant sorrow of losing my job rather than a quiet quitter.
>>61312358I’d rather die than pay off a mortgage. If I can’t rule the world I’d rather die If you have a mortgage you have all the power
>>61310871I voted for this
