I don't think that's who's negatively impacted by this.

See: https://stacker.news/items/1280919/r/Undisciplined

It's madness, beyond being a populist measure used by Trump. I think it will worsen the economic outlook for young people who want something that may become impossible: owning their own home.

DP0604

oh hey, i just posted something about this

i agree, it won't make housing more affordable, it'll make prices more expensive in fact.


SimpleStacker

Machiavelli23

econ

By Connor O’Keeffe 
> President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.

