Extending mortgage terms to 50 years lowers monthly payments but doesn’t address housing affordability. It simply spreads the cost over a longer period, increasing total interest paid and tying generations to unsustainable debt.
>>520981139You know you can pay a mortgage off sooner and avoid making all those interest payments . You sound like a retard
>>520981139Lowering housing prices would require regulating the large corporations that buy up all the houses, and as you know regulations are socialist.
>>520981212You are defending usury--you are an absolute retard.
>>520981139This is not new.https://www.nbcnews.com/id/wbna13187964
>>52098121230 year mortgages are already enough of a scam.The amortization schedule on them is so tight you can barely pay anything less than the monthly payments before you will literally never pay it back.
>>520981139>Usury is evil.No. How dear you to be antisemitic? it is jewish way of living in a host nations
>>520981139It shouldn't double or triple the amount to pay off a house but without interest, there would be no incentive to loan anyone money. >I know! I actually hate loans and hate poor people!So why are you pretending to be upset about the evil of ursury?And why is my fucking auto correct drunk and misspelling every other word?
>>520981301I'd imagine most of the homes are owned by boomers, not private equity. When the boomers die off, home prices should come down some.The high-cost-of-living-crisis in America is because of the Federal Reserve. Even with cheaper homes, most Americans are still too broke to afford them. END THE FED!
>>520981139Probably one of the most jewish way to claim something is more affordable
>>520981139The hypocrites raise the amount of things, they destroy the economy.
>>520981139yet how many people invest money to make money?
>>520981139Usury is a means to an end, it is as evil as a hamner, fire or water can be.The evil is letting demand outpace supply so by means of immigration.
>>520981301The khazarian pechenegs and their babylon, impose false bargains.
>>520981392Dont make minimum payments. Pay extra each month. Dont get a mortgage you can barely afford
>>520981212You completely neglect to mention that the 50 year mortgage is because the middle class has been so cleaned out by billionaires that wages can't afford a 30 year mortgage. Most will be unable to make payments over minimum. Get real dumb gen x faggot. Stop simping for billionaire kikes that hate you.
>>520981212>YOU KNOW YOU CAN PAY IT OFF EARLY!Looks like somebody here had never paid off a house or a loan before, so let me hit you with something quick you sissy.In those little contracts you never read there is a tiny little printed thing that states there is a penalty for paying off the loan early and the fee is typically a % if not full on the interest amount. You see this a lot with car loans too if you bothered to buy one.So sure, you can do a 50 year, pay it off in 10, and then they will hold your deed until you pay off the early pay off penalty that was the interest they was going to generate off your stupid ass.SO THERE YOU GO KIDS!You got saddled with the worst generation of America so far, you will own nothing and be happy!
>>520981841Their income will never increase their whole life so they will never be able to afford more years after they get their mortgage? Its better to rent forever and send all your money to a landlord than building equity in a home you own? Its a bad thing to make home buying accessible? Better to have no home to give to your kids when you die?
>>520981928>states there is a penalty for paying off the loan earlyThats not true of every mortgage. You can get a mortgage from a lender who doesnt have a pre payment penalty. Same with car loans. Ask before you sign
>>520981841>You completely neglect to mention that the 50 year mortgage is because the middle class has been so cleaned out by billionairesIt's not billionaires, it's the FED
>>520982117>That's not true of every mortgage.I dont' know if you have looked in the past 4 years but, its on just about every contract.The country got hoodwinked into a bad deal by a orange faggot, a pedophile, and then the orange faggot again and all it took was a African to get the ball rolling nearly 20 years ago!GREAT HUH!Good thing I bought in while Bush was in office before these cockscukers kicked the 2030 plan into gear.oh and a lot of banks wont even give you a loan on a old house now, you know, one thats actually built to last. So there is that too.Hey you live in Canada and wanna build a home? that's 250k just to file the paperwork and permits alone!and people put up with it, suck that dick, wont stop gulping while also saying "WE WONT TAKE THAT KINDA ABUSE!"
>>520981139>increasing total interest paid and tying generations to unsustainable debt.yes, and?
>>520981139Yes. Read Sumerian Swindle.
>>520982591>just about everyWhich isnt all. Youre a typical meme flag well poisoner
>>520981139Remember when you mocked me for paying $300,000 cash for my 6 bedroom home in a 100% white community? Who's laughing now faggots? Enjoy paying off your mortgage when you're 79 and your neighborhood has transformed into a 12% white nightmare zone.
>>520981139>Extending mortgage terms to 50 years lowers monthly paymentsIt doesn't even do that because house prices increase in response to the increased number of potential buyers and the buyer just ends up paying the same amount per month but over 50 years instead of 30.
>>520982067>Its a bad thing to make home buying accessible?The question everyone always has is not "is usury acceptable".. the question has always been "is the finance industry using conspiracy and collusion to demand an unnecessarily large premium for the services they are providing?" All you have to do is look at a single ostentatious faggy banker to know what the answer to that question is.
>>520983346>You are a well poisoner.No, but I am a person who will help in jacking up your home prices in the next 3 years to a point you and your children will never be able to afford them ever again, along with car loans and basic loans.But hey, least you got your giggle, now ill just do it out of spite rather then government hand forcing us too.Have fun.
This is what happens when a president knows his whole base is low iq retards
>>520981139Considering the median age for buying a house is 40+ years old, that's saying that you'll pay a mortage until your 90 years old.That's crazy.
Look at that empty agrarian land would be a shame if a single guy with no arrests for child rape would use it productively
>>520981343You're defending giving rent money to jews every month
>>520982180>It's not billionaires, it's the FEDit's not the fed, its jews
>>520983468That want us to become debt slaves https://old.bitchute.com/video/pTggevCxEanK/
>>520981139WHAT'S THE ALTERNATIVE, IDIOT?>dehhhh housing is a human right and every worthless leech should just get a big nice house and someone else has to build it and maintain it for me because i declare it's a human right. and i'll pretend that shadowy cabals like blackrock even though i really mean blackstone are buying up all the houses even though blackstone only invests in other housing REITs who collectively own like 1% of all the homes in the US. real socialism has never been tried!
>>520981301Those companies have very slim margins. They're publicly traded and you can see for yourself. Requiring them to operate at break even would lower costs by 6% at most
>>520981139Why do jews turn everything into a commodity? We might as well go parallel society and build log houses like the pioneer days.
>>520983576>becomethey're just tightening the screws. we're well past that point already
>>520981212>>520982117>OY VEY YOU MUST BE A COMMIE IF YOU QUESTION MY ECONOMIC SYSTEMEvery time. First or second post...
>>520982591>Hey you live in Canada and wanna build a home? that's 250k just to file the paperwork and permits alone!What the, I only charge them around 10-15k here.
>>520983594You jews type in all caps when your tricks are called out. This results in people paying double without monthly payments changing much at all. It makes things more expensive.
>>520983594Yes it literally is a human right you fucking tick. I dont want you to give me ANYTHING not ONE PENNY, simply fucking ALLOW building, and DISALLOW corperations from buying them, thats it, thats all I fucking want you KEKpitalist r/TheDonald refugee
>>520981343No. Lending is good, usury not. No one is making you get a loan. If you dont want debt, then you can keep renting forever and be debt free. Or save up and buy a house in cash.
>>520983520People are retarded. I think some of it is they're young or believe that debt is inherently evil or something like that
>>520983877>>520981212>>520984122>>520983594Literal Cųckolds for Larry Fink.
>>520983613Houses and lands are like stocks now. They're not for living in.Why is it in other countries, houses are built using bricks not cardboard like in the US, and are build using professionals from the country itself not Mexican illegals with zero experience and earning $1 an hour, and yet these houses cost $50,000 while in the US the shoddy piece of crap costs millions? You just refuse to regulate the corporations owned by Bergs and Steins because that would be communist.
>>520981139Yeah well you retards just wanted lower monthly payments. Thats it. Who gives a fuck if you have to pay 1.5X more than a 30 year loan.
>>520981139>MIGA being forced to defend usury and Jewish feudalismSo much winning fellas
>>520981928You are retardedThat claim about prepayment penalties being the full interest amount is wildly inaccurate and based on outdated or niche contract rules.The truth is, while prepayment penalties are real, they are not the norm for the vast majority of conventional, FHA, or VA home loans in the U.S. today. Most modern mortgages allow you to pay them off early without any fee.For the mortgages that do have a penalty (often called a Qualified Mortgage), federal law strictly limits it:It can only apply during the first three years of the loan.The maximum fee is capped, typically at 2% or 1% of the remaining balance, depending on the year. It's never the full 15 or 30 years of future interest.Furthermore, making extra payments toward the principal throughout the year (the common way to pay a 30-year loan off in 10) usually does not trigger the penalty. The penalty is generally only an issue if you sell the house or refinance the loan within those first few years.So, you can absolutely pay off your house early and save significant money without losing the entire interest amount in a penalty fee. That's simply misinformation.
>>520981139> 50 yearsThat's nothing, 100 years is common in Eurogay countries. (Seriously.)
>>520984841Go figure, the meme flag is well poisoning
>>520981212>Just get more money goyBut gold is no longer 800 an oz and trump is going to inflate everything just to pay gibs to distract from the fact his voter base is pissed he swapped America first for Israel, Argentina, and India first stances...
>>520981483No they sell to pay for medical end of life care and cruise ships. They sell to blackrock n frenz who bumps up the price.
>>520981139yeah, but they're smart. they stole every country's gold over the last century, so we can't even throw it all out, go through some birthing pains, and have value tied to a trustworthy standard. we're all goldless. the only thing we can do is become the bank. socialism is inevitable.
