Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(179,906 posts)

23. This is another stupid trump idea

Mon Nov 10, 2025, 08:50 PM

Nov 2025

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

23 replies

= new reply since forum marked as read

Highlight:

Trump and his cronies are now pushing 50-year mortgages. [View all] highplainsdem Nov 2025 OP

Just to be sure hardly anyone will ever be able to pay it off. Ocelot II Nov 2025 #1

And if they do, the banks will get about double the interest. highplainsdem Nov 2025 #4

That sounds like what we call "rent" HAB911 Nov 2025 #2

Yep, with property taxes! leftstreet Nov 2025 #7

Imagine the interest paid over time on a 50 year mortgage. Raftergirl Nov 2025 #3

I'm glad I paid off my house this year. kimbutgar Nov 2025 #5

No one will ever own their home again. sinkingfeeling Nov 2025 #6

Exactly! Not a single one of the 330 million plus PoindexterOglethorpe Nov 2025 #8

That's the point edhopper Nov 2025 #17

So I guess you would have to buy that first house at 15 The Madcap Nov 2025 #10

Yeah, Pulte Builders was thrown out of Michigan many years ago. louis-t Nov 2025 #12

Canada briefly tried 40 year mortgages under Stephen Harper Fiendish Thingy Nov 2025 #13

Yes, that worked really well for car loans . . . hatrack Nov 2025 #14

The numbers bottomofthehill Nov 2025 #15

Additionally the numbers bottomofthehill Nov 2025 #16

It'll be so much easier for a default to happen during 5 decades Ilsa Nov 2025 #18

Sold real estate for most of my 20's... WarGamer Nov 2025 #20

Rentier capitalism Prairie Gates Nov 2025 #21

A 50-year mortgage isn't rentier capitalism -- it's financial leverage. Abolishinist Nov 2025 #22

This is another stupid trump idea LetMyPeopleVote Nov 2025 #23