deuce-ish: Yes, terrible. Build no equity, costing a lot. Just stupid.

So 50 year mortgages are a pretty bad idea for most home buyers, correct? - Lexillini November 13, 2025, 12:25:48

I love Trump’s traditional vision- capitalism, family, law and order- but that narcissistic asshole - groupguy November 13, 2025, 18:34:54
Just like anything, it's all situational. - Figs November 13, 2025, 15:35:49
- agreed. I'm a fan of it in a relatively low interest rate envirionment. plow that money into tax - Ari Gold November 14, 2025, 12:56:05
- My gut feeling is that if you cannot afford a 30 year fixed mortgage then . . . - Lexillini November 13, 2025, 16:05:41
  - My thought is that you have a lot of young people with limited credit - Figs November 13, 2025, 18:29:32
    - Maybe. I'm not certain limited or poor credit is the main issue. - Lexillini November 14, 2025, 8:50:33
- To wit - AceFrehley November 13, 2025, 15:57:47
- the monthly difference isn't much.* - AceFrehley November 13, 2025, 15:56:51
  - That's kind of key here. It would be one thing if the 50 year mortgage . . . - Lexillini November 13, 2025, 16:07:46
It’s beyond awful and it’s a bad look for Trump for pushing it * - villain November 13, 2025, 13:17:19
Yes, terrible. Build no equity, costing a lot. Just stupid. - Potomac November 13, 2025, 12:51:50

I am not an economist. But I venture to guess that if used correctly - AceFrehley November 13, 2025, 12:31:41
- My brother in law in Japan has a 50 year mortgage. They started them a long - fratstud November 13, 2025, 13:04:11
- There is no correct scenario* - Potomac November 13, 2025, 12:52:20
  - but if you have a lot of equity and take cash out - AceFrehley November 13, 2025, 13:05:38
    - The people who can afford to play that game likely have much better investment opportunities.* - Lexillini November 13, 2025, 13:25:08
      - i agree. Overall this is bad and like Villain, i don't like that Trump said it - AceFrehley November 13, 2025, 13:37:25
- Not certain how one correctly uses something like this. - Lexillini November 13, 2025, 12:42:21
  - It's basically an interest only note, so it's good for a YOLO investment* - fratstud November 13, 2025, 13:05:02
    - then rent* - Potomac November 13, 2025, 13:14:15
      - Interest write off and appreciation* - JeffFrank November 14, 2025, 9:45:09
        
        if you need a 50-year loan, you might not be itemizing* - Potomac November 14, 2025, 11:10:11
        
        Forget it: he's rolling. * - osklister November 14, 2025, 12:02:58
      - Say you are gonna live somewhere 5 years and the market is generally - fratstud November 13, 2025, 13:35:51
        
        Ok, like leverage with minimal down payment. Just gotta guess right* - Potomac November 13, 2025, 15:31:46
      - If is essentially nothing more than just renting. - Lexillini November 13, 2025, 13:24:12
        
        Ye olde 5-7-10 year balloon mortgage. * - osklister November 13, 2025, 14:00:17

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