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Buckeyeblue

(6,111 posts)

1. As housing prices go up this might be inevitable

Reply to demmiblue (Original post)

Sat Nov 8, 2025, 03:25 PM

Saturday

And just because you take out a 50 year mortgage doesn't mean you have to take 50 years. Many people pay extra on their mortgage to pay it off sooner. But the positive thing will be the lower required payment, which gives people a needed flexibility.

It's really not the worst thing. And is still better than renting, where you rent can be substantially increased year to year.

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Highlight:

From the New Deal to the Raw Deal: Trump is now flexing on mortgages that take half a century to pay off. [View all] demmiblue Saturday OP

As housing prices go up this might be inevitable Buckeyeblue Saturday #1

I'd be curious to see the statistics as to how many actually even pay off their mortgages fujiyamasan Saturday #3

I would say most mortgages aren't paid off in a traditional sense Buckeyeblue Saturday #4

Oye, so a 10 year old is going to get a mortgage now? haele Saturday #2

For me, this is just a sign that the economy is broken genxlib Saturday #5

I hear people are not getting there first home doc03 Saturday #6

Just more transfer of wealth to the ruling class. BlueTsunami2018 Saturday #7