And it turns out the 50 year mortgage thing never happened. They don't exist. He never even did this!
or it's because a 50 year mortgage is a totally retarded idea
the amount of interest on a 50 year mortgage would be INSANE. probably 3-4 times the principal of the house itself
>>546040565Just get a 30 year mortgage.
Might as well just do the lifetime lease that china does at that point
>>546040565>FHFA Director Bill Pulte>Bill Pulte>owns Pulte homeslmao of course
>>546040565>50 year mortgageIt's for your own good stupid.
>>546040664Just get a 15 year loan, don't give the jews a chance.
>>546040756just pay in cash.why pay interest?
>>546040756$500,000 down and a 15 year mortgage @ 5% would do it.
Why stop at 50 years? Why don't we have 250 year mortgages?
>>546040662Yes, but the monthly payment would be lower. Maybe I can invest the left over cash to get a better return.
>>546040565A concept of a 50 year mortgage tranny. You lost. Red wave 2028.
>>546040756Just get a 30-year and pay it down as fast as possible. You have more wiggle room to fail. I've been in my house for 2 years with a 30 year mortgage and I'll have it paid off next year
>>546040565100 year mortgage is a better idea
>>546040612Just like a 30-year one but you weren't alive to give your retarded opinions like today.
Just think of all the browns who could be moved in around you in 50 years.
>>546044894Houses today aren’t built like they were in the past. Fifty years is stretching it before major renovation is necessary.
>>546040903because i only have $15k
>>546044894When 30 year mortgages happened, salaries adjusted for inflation were only 80k on average and that would have been considered low as people were paid more in the 1920s before the crash, and houses would have still only been about the equivalent of 100k on average since prices were massively depressed from the crash. Nowadays the average income for a single person is about 41k while houses are 450k on average.You stupid nigger.
>>54604056550 year? Fuck the 30 year, ban that shit it should be 10 years at most
>>546040565Are you accusing your dear leader of lying? He would NEVER lie.
>>546040565we will soon have a generation of have and have-nots simply defined by do you own a home or not
unless you're paying <0.5% property tax I wouldn't bother
>>546045129It's honestly fucking insulting how we're getting paid less and less but the most dented of morons will argue "BUT HOURLY WAGE GO UP, STOP BEING POOR ALREADY!" for literally no reason.
>>546040565I remember when that orange retard floated the idea of lifetime mortgages. Pay a mortgage all your life, then hand the house back to the bank like a good goy
>>546044894The 30 year one is also retarded. Longer mortageges exist to create a slave caste to banks and dont actually drive down prices.
>>546045263We already do, what the hell are you talking about?
>>546045263Are you posting from 2010?
>>546045263Wow an actual living ice man from the year 1994! Art truly imitates life.
>>546045323shills, morons and people who desperately want you to pretend nothing is wrong usually because "their side" "won" the recent "election", regardless of which flavor of coke or pepsi that is, since no politician will ever actually fix it willingly.
>>546044894No, its just like the 30-year one, only longer, when 30 was already about as long as you could make it.Protip: Even for a migger, you can know it was an extremely stupid idea based on the fact that Trump said it once and then it never appeared again.Are you gonna defend ALL the stupid shit he's said?
Buying a house is not a good investment anymore>end up paying about double the cost of the house after interest>repair bills, utility bills, property tax>isn't guaranteed to go up as america becomes browner and brownerDumb decision overall."buT it'S aN iNvesTment!11"yeah, you'll get to enjoy your "homeowners equity" when you're fucking 80
>>546045399you know what would drive down prices? total ban on usury
>>546040726>lmao of courseJesus fuck, Trump put the nepobaby that got famous for doing twitter giveaways to the poors in government positions?
>>546040565Wasn't roosevelt been one of the shittiest presidents prior the absolute clownfest that is post bush era
>>546040738>>50 year mortgageCradle to Grave debt.
>>546047592Houses would basically be free if all jews and non-whites were killed
>>54604489430 might as well be life long too, you only pay that off shortly before you retire50 years is just extra retarded because you simply won't pay it off because you most likely die before it ends.
>>546040565Maybe the next great President will bring a 70-year mortgage. And the next one a 100-year mortgage.
>>546040565close call anon, mortgage means death-pledge in french, you know where all the bankers go fun, why do you want to death pledge a banker?
>>546040612i can see there is SOME logic to it on paper>buy house now, late 20s low paying job>low repayments>get promoted, can afford more>pay off more with increased payments or remortgage to newer, shorter (hopefully) lower % mortgage>repeat in your 40s to an even shorter mortgageit makes assumptions which ignores real peoples real behaviour such as making more payments to debt when you get promoted instead of increasing your spending and also that a married couple lasts together until their 40s. but it (might) allows people to buy a house in their 20sidk if that was the idea behind it or not, but when i heard a 50 year mortgage that was what i imagined was behind it.
>>546047337It's also toxic as an investment because everyone fucking does it; what's the point? Buy a needed commodity but nobody can afford to take it off your hands? That's just Buy, never Sell.
>>546048265>my son.....now at death bed I have something to give you....sign here and you get all my debts.Slavery coming back.
>>546040565There’s a point where it barely saves you on cash flow, but the interest is so high that it makes no sense. In 50 years even with a so called good rate, you pay for the house 5 times over, and the cashflow is only like 10% less a month.You go with 30 to lower cash flow, and pay in extra if you can not because you’re obligated to.
>>546047936>one of the shittiestNo.
>Just pay nothing but interest for 20 years broYeah fuck off.
>>546048526Puc related is the same interest rate but 15 is lower interest than 30, which is lower interest than 50. The 50 years saw interest rates hit 12 mother fucking percent this year. You’re literally stupid if you choose that.
>>546047936FDR did more damage to our culture than most will ever understand or admit, yes.
>>546045129>people were paid more in the 1920s before the crashNo they weren't. Why do you kikes push this shit? What benefit do you get from this lying?
>>546040565Why pay anything? Just squat. It's a protected activity. Stop being such honest goyim.
>>546042058Can I came over and play vidya ?
>>546048526Yeah, but the extra $236/month can be saved and invested in the S&P 500, or spent on hookers and blow
