Trump Proposes 50-Year Mortgages Amid Housing Affordability Debate
President Donald Trump's suggestion of 50-year mortgages as a solution to housing affordability has sparked mixed reactions. While the proposal aims to lower monthly payments for homebuyers, critics argue it fails to address the Core issue of housing shortages. Extending loan terms could lead to higher interest rates and slower equity buildup, potentially exacerbating wealth inequality.
The housing market's fundamental challenge remains insufficient inventory, not repayment timelines. Longer mortgages may offer temporary relief but risk inflating home prices further. Financial experts caution that such measures could undermine long-term wealth accumulation for homeowners.