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In reply to the discussion: As a Party, how do we distance ourselves from 50 year mortgages under Trump while we embraced 40 year loans under Obama? [View all]Volaris
(11,272 posts)19. The way we do it is to propose a national credit union that will make SIMPLE INTEREST home loans
To qualified buyers. If we're gonna counter this fake rascist grifter populism from the right, we should think about playing on the same field.
Oh, MAGA and trump want obamacare gone, cause look at how expensive it really is?
Ok. We will abolish it in exchange for anyone in the country being able to use VA Healthcare, so long as they pay a hundred bucks a month out of their check (voluntary, of course)
The ACA would be voted out of existence in one cycle, because that's how dumb they really are.
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As a Party, how do we distance ourselves from 50 year mortgages under Trump while we embraced 40 year loans under Obama? [View all]
PeaceWave
Tuesday
OP
50 year mortgages are like reverse mortgages. No one should use them unless absolutely necessary. But agree with post.
Silent Type
Tuesday
#3
Yes,reverse M's tack on a lot of fees that eventually eat up all your equity, they are one of the worst bankster scams,.
yaesu
Tuesday
#7
10 year difference. We don't have adequate renovation programs. The homes are too BIG.
bucolic_frolic
Tuesday
#9
I'm mainly just complaining about the bullshit self-aggrandizement of putting Trump on a sign with FDR
AZJonnie
Tuesday
#12
40 year loans were not widely embraced under Obama. And Obama himself clearly did not embrace them.
Wiz Imp
Tuesday
#17
The way we do it is to propose a national credit union that will make SIMPLE INTEREST home loans
Volaris
Tuesday
#19
Which is why I find it disturbing that anyone on our side would be advocating against such options...
PeaceWave
Tuesday
#21
It's a quesiton of affordability. So either fix wages or fix real property prices.
flvegan
Tuesday
#22
Yes, a 50 year mortgage and the amount of interest paid over that period is insane.
CentralMass
Tuesday
#28