There’s a lot of stuff I like about Trump, and I’m super glad that we’re not in the middle of a civil war with Kamalanunism right now, but the past few days really make you wonder who the hell is advising him.

In the last 72 hours he’s been rolling over on H1bs, hyping students from China and tweeting about ridiculous stuff like 50 year mortgages. Meanwhile we’re still fighting a losing war in Ukraine while prepping to invade Venezuela, he’s talking about bailouts for the AI bubble, and instead of banning the covid shots apparently were about to get a whole new industry of mRNA drugs.

It’s almost like he’s throwing a lifeline to the democrats and trying to lose the mid terms on purpose.

50 Year mort is a bad idea.  You don't save that much on the monthly. 

The hardest part of a mortgage is coming up with the down payment.  Esp in states like HI that have high property values. Not everyone can take advantage of 5% loan programs.  When we bought our condo part of the 1st time home buyer HI program, we had to come up with a 10% down.  People can afford the monthly as they're paying rent anyways, it's the down that's the problem.  At the time, other mortgagees outside of the program wanted 30% down.

So our $500K condo, we had to come up with $50K.  Imagine the 30% at $150K down.

There should be options at all mortgagees for 0 down.

There will never be a perfect POTUS however Trump has the agendas that I also believe in.

That's why I voted for him and supported him.  Not because I like him or think he's the best thing since apple pie.

However, certain things are beginning to concern me recently, but the biggest one is the Epstein file issue.

He campaigned on making the Epstein files transparent.  Now I'm like WTF?!!

However, certain things are beginning to concern me recently, but the biggest one is the Epstein file issue.

He campaigned on making the Epstein files transparent.  Now I'm like WTF?!!

That shows how deep it goes and with blackmail.  We can say this with a good certenty.  He never took part in the illegal stuff Ep was doing.  Because if he did, the fake news and all would have ran with this years ago. 

The fake news has no low, they make up stories against Trump.  The other fact that they didn't use Ep to make up a story also shows that there are bigger fish in the files and they don't wanna open a can of worms.

That shows how deep it goes and with blackmail.  We can say this with a good certenty.  He never took part in the illegal stuff Ep was doing.  Because if he did, the fake news and all would have ran with this years ago. 

The fake news has no low, they make up stories against Trump.  The other fact that they didn't use Ep to make up a story also shows that there are bigger fish in the files and they don't wanna open a can of worms.

It's clear they don't have Epstein leverage on him, but it still doesn't explain his erratic policy shifts.

One minute he's a populist, the next he's hyping some creepy globalist billionaire platform like it's no big deal.

Is Trump trying to protect friends and allies in high places from being exposed?

I think Trumps not on the list due to my reasonings above and all available supporting evidence.  I think that this is a joint intel honeypot type operation to blackmail people of power.  If word got out that the spookes were involved and with other countries who we're allies with (Masaad cough cough), then it would be worst than the FISA rubber stamp issue or Snowden that the media burried.

The scary part is I'm sure Ep isn't the only operation running.  They have to know if 1 falls, they need a back up just in case.

I don’t understand why people are getting crazy over the 50 year mortgages. If you don’t want 50 then don’t do it? However it will help people who want to save a few hundred on their monthly payments, not to mention you can either pay extra to shorten the loan or refinance later when you make more money or when interest rates come down.

Also his reasoning behind H1B visas was explained pretty well on Laura ingrams show. You can’t have billions of dollars of investment into chip factories and expect to pull people off an unemployment line with no experience in chip manufacturing. You need experienced workers to actually show American workers how to be efficient.

Republicans are losing the information war.

I don’t understand why people are getting crazy over the 50 year mortgages. If you don’t want 50 then don’t do it? However it will help people who want to save a few hundred on their monthly payments, not to mention you can either pay extra to shorten the loan or refinance later when you make more money or when interest rates come down.

Also his reasoning behind H1B visas was explained pretty well on Laura ingrams show. You can’t have billions of dollars of investment into chip factories and expect to pull people off an unemployment line with no experience in chip manufacturing. You need experienced workers to actually show American workers how to be efficient.

Republicans are losing the information war.

That’s oligarch slop from people who want us to be in debt slavery our entire lives and compete with foreigners for low wages.

You need to listen to less Ingram and more Bannon

I don’t understand why people are getting crazy over the 50 year mortgages. If you don’t want 50 then don’t do it? However it will help people who want to save a few hundred on their monthly payments, not to mention you can either pay extra to shorten the loan or refinance later when you make more money or when interest rates come down.

Also his reasoning behind H1B visas was explained pretty well on Laura ingrams show. You can’t have billions of dollars of investment into chip factories and expect to pull people off an unemployment line with no experience in chip manufacturing. You need experienced workers to actually show American workers how to be efficient.

Republicans are losing the information war.

That implies that a person who wishes to buy a home and can't afford it will have the intelligence and self discipline to not follow his wishes.  in Japan, they have 100 year mortgage loans that are assigned to the family, so the debt is incurred by the next of kin until it is repaid.

A recent innovation in the Japanese real estate industry to promote home
ownership is the creation of a 100-year mortgage term. The home, encumbered
by the mortgage, becomes an ancestral property and is passed on from
grandparent to grandchild in a multigenerational fashion.

We analyze the implications of this innovative practice, contrast it with the
conventional 30-year mortgage popular in Western nations and explore its
unique benefits and limitations within the Japanese economic and cultural
framework.

Through the use of simulation, the conclusion is reached that the 100-year
mortgage has failed to increase the affordability of homes. Instead, affluent
homeowners are more likely to employ long-term mortgages as an estate-
planning tool to reduce inheritance taxes.

https://www.sciencedirect.com/science/article/abs/pii/1061951895900047

The main problem I see is that houses will take on the same character as auto loans.  Most people i know looking for a car on credit are "payment shoppers."  They are willing to settle on a vehicle that isn't in their top 5 list as long as the payments are affordable.  What that usually means is that the term of the loan, the percentage rate, and the trade-in or down payment credit are all manipulated to the maximums in order to convince a lender to buy the loan.  e.g.  If you can't get that Tacoma for $350/month, you'll have to settle on the Corolla.  So, the loan is set up for 6 years instead of 3 or 4, the interest rate goes up to account for that, and the dealer give you max retail blue book on your trade-in (still less than private party sale value).  Now you have your payments you can afford for the Tacoma, but the total cost of the vehicle over the extended period means you may pay as much as another 25% of the purchase price -- assuming you pay it off on time.

One thing to consider.  On a 50 year mortgage, you can still make accelerated payments and have the home paid off in 15 or 30 years.  if something happens like switching jobs or a major expense, you can return to making the expected mortgage payment.  When your situation allows, you can again start making additional principle payments.  if you do this, make sure to do it in 2 separate payments, and annotate on the second that it's an additional principle payment.  if you don't the mortgage company may credit your payment as an early regular one, meaning they are charging interest based on the original schedule.  Bringing the principle down faster than scheduled saves thousands, even tens of thousands, over the life of the loan.

Of course, most won't be making extra payments, beceause the only way they can afford the house is by taking as long to pay it off as possible.

That’s oligarch slop from people who want us to be in debt slavery our entire lives and compete with foreigners for low wages.

You need to listen to less Ingram and more Bannon

Are 30 year mortgages “oligarch slop” as well? Again people don’t have to choose 50 year mortgages if they don’t want it. How can more options be bad?

How do you know what I listen too lol

I think Trumps not on the list due to my reasonings above and all available supporting evidence.  I think that this is a joint intel honeypot type operation to blackmail people of power.  If word got out that the spookes were involved and with other countries who we're allies with (Masaad cough cough), then it would be worst than the FISA rubber stamp issue or Snowden that the media burried.

The scary part is I'm sure Ep isn't the only operation running.  They have to know if 1 falls, they need a back up just in case.

I 100% believe that Trump is innocent as far as involvement with Epstein, people forget that Epstein was connected to lots of influential people at the time including Bill Clinton.

I'm convinced there are people inside the deep state that are purposely f@#%ing with the release of information. When we don't have Pam Bondi, Kash Patel or Dan Bongino to point fingers at, we have a three letter agency crawling with unelected bureaucrats who will no doubt do everything they can to protect their "elites". These are the swamp creatures that must be exposed and made an example of, just as much as their "superior elites" themselves who could've f@#%3d 10, 50 or 100+ underage m!n0r$ for all we know on our tax dollars.

Trump's appointed FBI members, unless they are compromised too (I have yet to see compelling evidence), gotta stop playing nice because the justice system needs direct intervention now before we end up like Brazil!
Issue the subpoenas with damning compelling evidence available to the public behind it, show live video of the perpetrators in question getting frogmarched off to prison and drag these creatures through the mud like they did to you just a year ago!

I don’t understand why people are getting crazy over the 50 year mortgages. If you don’t want 50 then don’t do it? However it will help people who want to save a few hundred on their monthly payments, not to mention you can either pay extra to shorten the loan or refinance later when you make more money or when interest rates come down.

Also his reasoning behind H1B visas was explained pretty well on Laura ingrams show. You can’t have billions of dollars of investment into chip factories and expect to pull people off an unemployment line with no experience in chip manufacturing. You need experienced workers to actually show American workers how to be efficient.

Republicans are losing the information war.

The messaging needs fixing ASAP, more than anything Trump should walk back on anything to do with China. Any specialized Asians from Taiwan, South Korea, Japan are welcomed.

China we know you're a scumbag nation led by the greatest scumbag to walk the earth. Your country is full of thieves who steal our $#!+, you bribe our politicians to f@#% us in the @$$, you manipulate our comments sections to sway public opinion, you gave us a man-made virus that f@#%3d us and the rest of the world in the head! I will never forgive you c#!n%$ for what you have done and what you will plan to do! Whatever you got planned it will f@#%ing fail you hear! F@#%ING FAIL!

I don’t understand why people are getting crazy over the 50 year mortgages. If you don’t want 50 then don’t do it? However it will help people who want to save a few hundred on their monthly payments, not to mention you can either pay extra to shorten the loan or refinance later when you make more money or when interest rates come down.

Also his reasoning behind H1B visas was explained pretty well on Laura ingrams show. You can’t have billions of dollars of investment into chip factories and expect to pull people off an unemployment line with no experience in chip manufacturing. You need experienced workers to actually show American workers how to be efficient.

Republicans are losing the information war.

I'm against 50yr mort, but I do like giving the option. Lets be realistic, if a 30 year old is ready to buy a home, that means they won't be paying it off until they're 80.  Which affects when they will retire as you don't want to retire when you still have lots left on your mortgage.  I mean you can, but it's not a wise decision.  And assume they live that long.

I use 30 as that's typeically when people start to get married and look to buy a home.  Of course there are those in their 20's who want to do this then by 70 they will be paid off. 

We are looking at generational debt/mortgages.

40 years would be better, but the monthly savings from 30 years wouldn't be as much as a 50 year one.

I'm against 50yr mort, but I do like giving the option. Lets be realistic, if a 30 year old is ready to buy a home, that means they won't be paying it off until they're 80.  Which affects when they will retire as you don't want to retire when you still have lots left on your mortgage.  I mean you can, but it's not a wise decision.  And assume they live that long.

I use 30 as that's typeically when people start to get married and look to buy a home.  Of course there are those in their 20's who want to do this then by 70 they will be paid off. 

We are looking at generational debt/mortgages.

40 years would be better, but the monthly savings from 30 years wouldn't be as much as a 50 year one.

No person in their right mind would actually take out a 50 year mortgage with the intentions of actually taking 50 years to pay it off, the interest you pay would be absolutely ridiculous. Even if they did  they could at least pass something on to their children. I’m looking at it as another tool to help people get into their first house.

Trump also floated “portable mortgages” where they could essential use their existing mortgage with a low interest rate to purchase a new house.

Point being that these options are not  “WTF Trump” worthy.

Are 30 year mortgages “oligarch slop” as well? Again people don’t have to choose 50 year mortgages if they don’t want it. How can more options be bad?

How do you know what I listen too lol

Okay I realized Ingram put Trump on the hot seat and good for her.

Why stop at 50 year mortages? Why not 100 years? Maybe we could do 15 year car loans next.
It's just more games to prop up a housing market and corrupt financial system that needs to crash.
Boomers soaked up all the wealth and said screw the kids, and if we don't fix it soon we're going to get a REAL communist revolution.

Okay I realized Ingram put Trump on the hot seat and good for her.

Why stop at 50 year mortages? Why not 100 years? Maybe we could do 15 year car loans next.
It's just more games to prop up a housing market and corrupt financial system that needs to crash.
Boomers soaked up all the wealth and said screw the kids, and if we don't fix it soon we're going to get a REAL communist revolution.

Why do you want government to dictate to the financial and retail sectors what options they are allowed to offer their customers?

Seems like in this instance, you're for government control over the freedom of consumers and sellers regarding what terms are legal and which ones are not.

I believe this is a major departure from your usual anti-government stance on every other issue, is it not?

Why should regulators be allowed to interfere in the free trade practices of the housing market at all?  Interest rates usually follow the prime rates for either US or European markets.  My adjustable rate mortgage was based on the LIBOR rate + 2 points which adjusted annually after the first 5 years.

If the interest rate for a mortgage is based on a standard benchmark, why can't the lenders use the same for terms?  If the standard short term lending period is 30 years for residential property, keep it there.  If it's 40 or 50 years or more for commercial property, then allow commercial borrowers to extend payments to help cashflow.  That's just for example.  Competition and risk will prevent lenders from going overboard if they ever want their loans to be repaid, and they will see more of the loan repaid as interest earlier than later based on the rule of 7/8 for simple interest loans. 

Where the market got in trouble in 2007-2008 was with "inventive" financing options like balloon payments and adjustable rates with high maximum rate increases.  Balloon payments were deferred principle payments, so your mortgage payments only went to interest the first few years after which you have to make a large payment to 'catch up' on the principle payments.  The reason such a risky loan was popular is the growth rate of the real estate market and the market was suddenly allowed to start trading mortgages on the market like stocks.  Banks were bundling these loans with other less risky products without disclosing the toxic loans themselves.  Once the ballon payments came due, whoever was left holding those loans had to deal with lots of defaulted loans.

Investors expecting equity to outpace the price they bought a property for were hoping to flip it in a couple of years avoiding the balloon payments and interest rate adjustments.  When that didn't happen, they found themselves unable to sell for the amount they paid, or even owed, in some markets.

Anyway, i think regulation in the area of mortgages has a place, but to limit the specific terms of the loan to any length is something they should not be doing.  The buyers and sellers should do their due diligence to make sure the buyer can afford it, and the seller understands the risks.

It’s a stupid idea for stupid people, and the reason boomers don’t care is because they are already set and this is someone else’s problem.

Too Big To Fail needs to fail. We need to go back to free market principles and let the zombie banks die.

If that means real estate loses half its value the so be it. Nobody earned that money anyway. It’s all fake but the social consequences of salting the earth for the next generation are quite real.

It’s a stupid idea for stupid people, and the reason boomers don’t care is because they are already set and this is someone else’s problem.

Too Big To Fail needs to fail. We need to go back to free market principles and let the zombie banks die.

If that means real estate loses half its value the so be it. Nobody earned that money anyway. It’s all fake but the social consequences of salting the earth for the next generation are quite real.

That is a bold statement.  Any stats to back it up?  Because, I think you'll be surprised how hard boomers have been hit under the Obama and Biden years.

DuckDuckGo's AI returns this:

Baby boomers are generally less prepared for retirement compared to
younger generations, with only about 40% on track to maintain their
current lifestyle.

Many face significant savings shortfalls and have limited time to catch
up due to factors like the decline of traditional pensions and rising living
costs.

The median retirement savings for boomers is projected to replace just
56% of their pre-retirement income, leading to an average annual shortfall
of $9,000.

Let me know if you find anything different, because i think you're full of it.

Have a nice weekend!   

That is a bold statement.  Any stats to back it up?  Because, I think you'll be surprised how hard boomers have been hit under the Obama and Biden years.

Boomers saw the value of their homes go up exponentially and automatically assumed they are financial geniuses and have a right to lecture others.
They used the equity to scoop up starter homes and turn them into vacation rentals, forcing young families out of the market. 
https://fortune.com/2025/11/13/average-homebuyer-59-years-old-senior-citizen-housing-market-affordability/

Now boomers are all like "whats' wrong with 50 year mortgages" and the kids are like "what's wrong with communism"

Boomers saw the value of their homes go up exponentially and automatically assumed they are financial geniuses and have a right to lecture others.
They used the equity to scoop up starter homes and turn them into vacation rentals, forcing young families out of the market. 
https://fortune.com/2025/11/13/average-homebuyer-59-years-old-senior-citizen-housing-market-affordability/

Now boomers are all like "whats' wrong with 50 year mortgages" and the kids are like "what's wrong with communism"

You're pretending that home ownership somehow dictates how prepared someone is for retirement.

Once children are grown and move away, most homeowners from the boomer generation will find themselves in retirement homes, condos, or nursing homes to live out their lives.  Some might be fortunate enough to have their kids and their kid's family offer to provide them a place to live, but chances are, the home is sold, the equity is put in a retirement fund, and they use that to supplement Social Security Retirement or a government pension.

"In just 15 years, the average U.S. homebuyer went from 39 to 59 years old"  Is that the fault of the boomers?  Maybe it's the fault of government-guaranteed student loans, artificial economic stimulus by giving out free money funded by national debt, and spending political finances convincing voters that there's someone other than government who's to blame for their financial situation.

There are already threads here that highlighted and gave details on the housing bubbles, the reasons certain markets are inflated, and why here are fewer home buying opportunities for young buyers.  But the issue is not home ownership.  It's personal responsibility in saving for one's future.

One reason boomers relied so heavily on Real Estate as their primary means of saving for retirement was the promise that, over time, it would always appreciate.  Also, the number of alternative savings investments were not as plentiful as today.  Now, the cost of taxes, HOA or Condo fees, maintenance and insurance makes owning a home with no mortgage unaffordable for many retirees.  They don't have $20K to have a roof re-shingled, $30K to have the plumbing that needs total replacement done, or $150 plus to renovate a kitchen or bathroom.

Younger generations have the opportunity to create retirement wealth other ways, including employer matches for contributions to a 401-K, profit sharing in the form of stock or retirement contributions, deferred tax payments on contributions, and low interest loans to borrow from savings to pay for renovations to a home or education for a child.  Any interest on the loan goes right back into the retirement fund along with the principle payments, costing the borrower a small fixed fee for administering the loan.

Each generation has its challenges and its opportunities.  I think the big difference is you see kids driving new BMWs they can't afford without a 7 year loan while their parents and grandparents are still driving a 10 year old Accord or Camry.