Longer lifespans make longer payoff timelines viable; mortgagors make far more in interest, satisfying the market; and yet amortizing benefits all.
There is no substitute for owning your first single-family home, even if it is the only home you ever own; and broad real property ownership creates conservatives.
“broad real property ownership creates conservatives”
Not if they are underwater.
Most people have no conception of how bloated property values are.