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154 sats \ 1 reply \ @freetx 12 Nov \ parent \ on: Trump's 50-Year Mortgage Will Bring More Inflation and Corporate Bailouts econ
Quite likely.
Although the savings in monthly payment reaches diminishing returns at some point. Nearly doubling the term (50 vs 30) only produces a ~13% reduction in monthly payment.
True, but how devalued will that payment be for years 31-50. In real terms, it'll be peanuts.
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