>50 year mortgages
>>61547933The banks will get most of the profits. https://youtube.com/shorts/lM4QsQBtOeQ
It's all just a ploy to skyrocket house prices even further up. > lower monthly payments = a shitload more people enter the market, even as housing supply remains stagnant and nothing new being builtBoomers ALWAYS win. Sigh.
>>61547964>citizens getting a chance to buy houses badYeah you’re right, just let BlackRock and China keep buying up all the property.
generational debt
>>61547983Supply and demand. That's the whole point, if they don't build more houses then the prices will continue to go up. Blackrock and China buying up properties is already bad yes, but if you introduce a whole new swath to the market on top of blackrock & china without building more houses, then prices will go up even faster.
>>61547933I voted for this
>>61547933This shitbag kike had full blown nuclear memetic energy of the internet that had never been witnessed before for nearly a decade. He was king of the world and threw it all away for Israel.
>>61548061It was always for Israel, anon.
>>61547983Day of the pillow is coming for you, boomer
artificial scarcity is destroying civilization
Get that money, anon https://youtube.com/shorts/Mni3OBgjepE
>>61549112There's an answer to artificial scarcity. You can live with your parents. You can live in a van. You can live with roommates.
50 years is antisemeticWhy not 60 years?
>>61547983BlackRock doesn’t buy houses though
>>61551433He’s thinking of Blackstone but he’s a retard who has absolutely zero idea what he’s talking about much like all “private equity is buying all the houses!!!!” Assclowns
50 yr mortgages are great, except nobody would get a 30 yr mortgages when you can get a 50 yr and have free money, hence the prices would go up so the 50 yr mortgage repayments would equal the old 30 yr mortgage repayments and you've solved nothing :(. But if you can nab a 50 yr before the prices go up you win bigly
>>61551431Why not pass your mortgage on to your kids? Think of it generational mortgages!
>>61547964>Boomers ALWAYS win. Sigh.Until theyre dead. Then their kids might win if grampa didnt spend everything on cruises, hookers and donations to charities (scams).
>>61547933I would be a little more tempted if the difference wasn't fucking $200 for an extra 20 years of assrape
>>61547933Libtards hate the idea of lower cost housing
>>61547933I wish I could have voted for that. I want total american death.
>>61547994Demand drives up supply through new construction. If the interest rates were similar I would consider 50 instead of 30. You can always buy down your mortgage early.
>>61551518Can’t you buy with 15 year and refinance to 30? So what I’m asking is, can I change my 30 year to a 50 year once this drops?
50 year mortgages 100 month car loansall software is merely a licensesubscription PCsyou will own nothingand you will be happy
50 year mortgages are bad for everyone.
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