Donald Trump’s proposal for a 50-year mortgage has stirred a wave of reactions across the housing world. To some, it sounds like a breakthrough: lower monthly payments, more qualified buyers, a shot at homeownership in an impossible market. To others, it feels like déjà vu from the years before 2008, when creative lending masked structural decay.
This is a companion discussion topic for the original entry at https://uncommongathering.substack.com/p/the-50-year-mortgage-a-lifeline-or