The idea of the 50-year mortgages flooded the news recently. It is the newest attempt by the Trump Administration to bring down housing costs, but I don’t think it was thought through entirely.

On paper, it seems like a crazy but good idea. 50 years is a long time, but at least it would allow people to enter into the housing market. But as soon as you dive into the numbers, you realize how the 50-year mortgage could ruin the real estate market forever.

Without looking too deep into the subject, most people assume it could be good because details ⇒

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