Experts hate this one trick to stack debt on your children.

If this doesn't sound like generational slavery, then I don't know what it is. 🤦

the 30-yr mortgage is already a product that is toxic to own for anyone outside of two publicly owned companies (for how low the interest rate is, and the large loan amounts...it can bankrupt any holder of these assets with just a few bps increase in defaults. And that exposure is over 30 years!). ...

People are putting their burritos on payment plans 😂 all the average person cares about is being able to make the payment. It ain’t right, but that’s how it is.

50-yr mortgages completely ignore the problem; embarrassing proposal but not surprised

You'll own nothing and be happy

I entered the housing market in 2009 through a short sale. I never would have been able to afford that neighborhood otherwise. I got lucky, and it completely changed the course of my family’s life. It’s sad that for many today, the choices seem to be between taking on 50 year mortgages and a lif...

The government won't fix it. Individuals need to. The government probably will offer 75 year mortgages in 5 years. Or some other snake oil fix. If you are going to be a landlord, be a better landlord. Base your business in bitcoin so you can afford to keep rent affordable for your tenants. Don...

I can hear it now: “I just qualified for a 200 month car loan. Woot, woot!”

Or… just buy with Bitcoin and own it instantly. #BitcoinFreedom

Boomers are dying. There will be plenty of cheap housing

Same story with higher education... Artificial scarcity leads to higher prices, which leads to government-subsidized loans, which leads to higher prices, because the seller can now charge more... In the case of housing, the "artificial scarcity" part is largely what the #YIMBY movement is trying t...

Then we’ll death tax the crap out of your estate so your children can slave the same way the rest of their lives!

You'll never own. The bankers will own you

Shows how median income declined, fiat is like smokes and mirrors to cover this up.

https://blossom.primal.net/72ccc1105d9601c418521523717ca4944fdef74995f011fe7ae441c6454cc5b3.jpg

The system is broken beyond repair. The 50 year mortgage is proof

fiat is a cancer

This will actually make housing more unaffordable because lower payments will raise prices in desirable markets.