A 50 year mortgage..

[Eagler]

How can we be unedumacated when we have thangs like guberment  subsidized monthly AI subscriptions for $20 that will surely tell us what we need to know...with mainstream media confirming those facts..

Eagler

[Shuffler]

The government could not run a lemonade stand.... successfully.

[Animl-AW]

Stop voting for morons. The people control who is in office. If the people vote stupid we get stupid.

SO a 50 yr mortgage at 40 yrs old, you'll be paying until death when you have much less. Dumbest thing I ever heard, but not shocked by the source of the idiocy. How about just make things cheaper instead of feeding billionaire crybabies at our expense.

Yep, you prolly figured out by now, you are paying for tariffs that are a funnel to empty your pockets with higher taxes to funnel to their pockets in tax breaks. It's a funneling scam. He's not going to fix a problem he gets rich off of.

Again, facts beat some in the face and they turn over stones looking for a justification to avoid the obvious. Fact is, you've been scammed.

[AKKuya]

Make a 100-year mortgage.  When the owner dies, the mortgage can be transferred in a will with no penalties or death tax.  Banks get their interest payments, and owners get cheaper mortgage payments.

[AKIron]

A 50 year mortgage beats 50 years of paying rent.

[Captain Virgil Hilts]

The government could not run a lemonade stand.... successfully.

Pretty much.

[Captain Virgil Hilts]

A 50 year mortgage beats 50 years of paying rent.

Well, most 50 year mortgage borrowers would never own a house. With the average lifespan now around 75, and the average 1st time home buyer around 27-30...........


I guess they'd die with 45 years of equity, they could pass along.......


Only problem is most houses built after the seventies are going to be garbage at 50 years of age, without extreme maintenance and improvements.

[Eagler]

Well, most 50 year mortgage borrowers would never own a house. With the average lifespan now around 75, and the average 1st time home buyer around 27-30...........


I guess they'd die with 45 years of equity, they could pass along.......


Only problem is most houses built after the seventies are going to be garbage at 50 years of age, without extreme maintenance and improvements.

Heard 1st time buyer age is 40+ now..so they would be in their 90's when they finally get the deed..

It makes one responsible for all the fun stuff too like repairs and taxes..

All to save a couple hundred bucks off the monthly payment..

Eagler

[AKIron]

You build equity even with a 50 year mortgage. I made money on each of the 4 homes I've sold over the years. Doubled my money on one. If the future sees ever increasing prices like the past then.... Dad bought a house in 1973 for $18K. He sold it 20 years later for a substantial profit. Today it's estimated at a million. What do you get at the end of renting for 20, 50 years?

[Eagler]

The government is doing their part to keep everything more expensive..



Why wouldn't they, they collect more taxes with each purchase while trying to inflate the pain away from the $38 trillion we are already in the hole for..

Eagler