I'm just going to say it. The 50 year mortgage is actually a lease and will drive up housing costs far more without fixing 1 issue.
It's a terrible idea that will double housing costs within a decade.
Doesn’t matter if it’s a goddamn 30 yr mtg or 50 yr mtg. No one is goddamn staying in the same cocksucking home for more than ten goddamn fucking years cunt.
Ai will build bug hive houses for you. Normal houses will go up in value the amount of abject misery in the hive district will be hilarious. To everyone outside it. Then the walls start going up with toll roads everywhere. Enjoy the AI generated city.
5 years into a 30 year, buyers are paying more each month towards the principle than interest. In a 50 year, it take FOURTY SIX YEARS to pay more on principle than in interest. That is............ wild.
