Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Liberal In Texas

(15,824 posts)

5. I suppose the sales pitch will be for younger people to be able to get a house now and

Reply to tanyev (Reply #4)

Mon Nov 10, 2025, 09:25 AM

Nov 10

then later when they've got a better job or inherited from Uncle Scrooge they can refi at a lower term.

That'll be the pitch. In reality people that do this may never be able to refi because the job advancement just won't be there.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

10 replies

= new reply since forum marked as read

Highlight:

Housing director confirms administration 'working on' 50-year mortgage after Trump hint [View all] douglas9 Nov 10 OP

To keep people in perpetual debt DemMedic Nov 10 #1

Debt traps are an excellent way to control and impoverish people. Irish_Dem Nov 10 #2

Permanent renters Liberal In Texas Nov 10 #3

Yep, renting with the additional burden of property taxes and repairs/maintenance. tanyev Nov 10 #4

I suppose the sales pitch will be for younger people to be able to get a house now and Liberal In Texas Nov 10 #5

Well, as long as you NEVER Bettie Nov 10 #6

Seems a trend Yo_Mama_Been_Loggin Nov 10 #7

Where's my $2k check? leftstreet Nov 10 #8

This is another stupid trump idea LetMyPeopleVote Nov 10 #9

Can you imagine that? You could end up with a mortgage until you draw your last breath. Vinca Nov 10 #10