Posted on 11/10/2025 6:56:25 AM PST by Red Badger
President Trump likes to test policy proposals on social media.
This was his newest one, shared by Bill Pulte, the U.S. Director of Federal Housing and the chairman of Fannie Mae and Freddie Mac 👇
Thanks to President Trump, we are indeed working on The 50 year Mortgage - a complete game changer. https://t.co/HZDPzO0qJG— Pulte (@pulte) November 8, 2025
A 50-year mortgage would result in a slightly lower monthly payment, stretched out over 5 decades, with hundreds of thousands of extra dollars in interest.
The reactions were not kind.
But they were funny!
MANY TWEETS AT LINK>........................
I think it's safe to say that this proposal might end up in the "no-go" category.
(Excerpt) Read more at notthebee.com ...
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Japan-it was once n the news-100 year mortgages.
Some examples for those of us not able to get X or Twitter at work?
This is a good idea but it is evidence of a problem - average people need 50-year mortgages to afford decent houses. Look at Europe where they have 100-year, multi-generational mortgages. You become a serf to the bank. We need to increase wages and bring housing costs down.
That’s nothing, I’m carrying mortgage for someone that is interest only. He’s a friend who always said he wanted my house if I ever sold it. I kidded him, saying: “Give me 50% down and I’ll carry you.” He did. He just made a principal payment after 2 years, paid off almost half the principal. He also had to beat the other 4 offers that were above the price.
I’ve been banned on Twitter/X for 6 years.
Musk still has problem if there are more like me.
But a better housing solution.
Incentives for companies/builders building smaller, less expensive homes for folks who don’t want a McMansion and/or the taxes and costs that come with one.
Then you won’t need a fifty freaking year mortgage.
Trump is either making a joke, got really bad advice, or actually thinks a 50 year mortgage is a good idea. Might as well implement perpetual servitude and generational debt as the new Amerikan Dream. This idea is genuinely crazy and mimics socialist Germany’s 50 year debt scam and CCCP controlled China that has the legendary 100 year lease scam going on. Both have worked out tremendously well for the elites but destroyed their general populations futures. President Trump, even if this is a joke it is not helping our cause.
Price is a function of supply and demand.
Increase the supply or decrease the demand.
Removal of 20-30 million illegal aliens will decrease the demand.................
“China that has the legendary 100 year lease scam going on.”
We have those here, as well..............
Might this not increase the cost of housing?
Buyers could afford more, so sellers will ask for more.
One of my favorite memories of the George Bush administration is that interest rates dropped enough that we went from a 30 year mortgage to a seven year mortgage with little difference in the monthly payments. Made a huge difference in our financial future.
Fifty year mortgage? No thanks.
So will outlawing hedge fund ownership of homes.
“We need to increase wages and bring housing costs down.”
Increasing wages means higher inflation, undoing the idea of lower prices. Lowering interest rates means higher prices too. Housing costs will go down when the economy gets weak and/or housing supply goes up. In other words, getting to lower housing prices requires economic pain, just like every other housing crash.
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=================================================================== think like a real estate appraiser @ThinkAppraiser · Follow Replying to @pulte First time buyers are in their 40s. That means you could pay off your house at the ripe young age of 92 years old. Awesome! 1:24 PM · Nov 8, 2025 ================================================================ Thomas Massie @RepThomasMassie · Follow How is “here, enjoy this 50 year mortgage” different from “you will own nothing and you will like it” 9:07 AM · Nov 9, 2025 ==================================================================
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“Japan-it was once n the news-100 year mortgages.”
Yes, it was. It makes me wonder if we are in an inflationary or somehow deflationary period. It is very confusing.
And HOAs..................
Exactly. The article tells the story -- "...with hundreds of thousands of extra dollars in interest."
Whether historical, in Europe or Japan, it was essentially -- as well observed -- becoming "a serf to the bank."
Consider the average lifespan, deduct whatever "childhood" means from that length, and the remaining years approach 50. So this may easily be seen as as lifelong indebtedness. Serfdom.
Consider how close this gets to the "perpetual bond."
"A perpetual bond, also known as a "consol bond" or "perp," is a fixed income security with no maturity date, meaning the principal is never repaid. While not redeemable, these bonds offer consistent interest payments indefinitely, often positioning them as equity rather than debt. They occupy a specific niche in the bond market, historically issued by entities like the British Treasury."ANY longer turn downturn in property prices then generates an "underwater" investor, and the recourse then is to bankruptcy and loss of property to that investor. And the bank always wins.Perpetual Bonds Explained: Definition, Calculation Formula, and Examples Investopedia, n. d.
President Trump is getting very bad advice in this, I'd suggest. But there is a world of bad advice out there, these days.
My mortgage will be paid off when I am 106.
No big deal.
I think that meme in post 1 kinda ‘splains it.
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