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News@lemmy.world · 1 month ago

Trump's 50-year mortgage gets default warning from Moody's chief economist

www.newsweek.com

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Trump's 50-year mortgage gets default warning from Moody's chief economist

www.newsweek.com

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News@lemmy.world · 1 month ago

Mark Zandi told Newsweek the plan could raise house prices and worsen the affordability issue it is intended to solve.

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prole@lemmy.blahaj.zone
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1 month ago
Maybe more akin to “rent to own” since I guess you (or your children since you’ll probably be dead at that point) will own the property after 50 years.
- RagingRobot@lemmy.world
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  1 month ago
  But if you don’t have kids the bank just keeps it

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