I noticed how the usual jidfs at pdw also support 50 year mortgage, h1b, epstein as hoax and bombing Iran. How interesting 🤔
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"Oh no the housing market has been bad for a few years waaa I can't buy what I want rIGhT NoW"
You guys are pathetic whiners. Save your money, wait for the market to correct.
The point of a 50-year mortgage is an emergency infusion of new buyers in the market that will continue the exponential increase in home pricing. The point is to continue the bubble at all costs, because a pop is unthinkable. Therefore everyone should be opposed to a 50-year for that reason as well. Learn economics, retard.
And yes, the logical extension of this is a 75 and 100 year mortgage. Japan went to exactly those lengths to try to stop their markets from cratering.
It's from your generation being bad with money and not living within their means, which are the other two of three factors I identified in my original comment.
It seems like you're actually too dumb to know you are agreeing with me.
You agree with me that there's a bubble? That makes no sense. All of the factors you cited are fairly stable. Life expectancy isn't going to drop substantially, houses aren't going to get smaller, and people aren't suddenly going to get better with money. So if these things are the main drivers behind home pricing, houses are actually being priced fairly and there is no bubble.
You're a boomer? Well, that makes sense.
There's a bubble and prices were too high without it. Both are caused by your generation being incapable of living within your means. Because dumb.