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Puppyjive

(889 posts)

11. Indentured servants

Sun Nov 9, 2025, 09:21 AM

Sunday

What is happening here? The Trump administration has lost their minds. We are not going to get anything good from this administration. Trump has always been a landlord, and a corrupt one at that. These people are as shallows as those who elected him.

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Highlight:

Donald Trump Proposing 50-Year Mortgages Sparks Backlash [View all] BumRushDaShow Sunday OP

30 years is hard enough............. Lovie777 Sunday #1

Biden suggested taxing the profits of REITs wolfie001 Sunday #4

That's not "affordability" -- that's lifetime debt service LSparkle Sunday #2

This will pass on mortgage debt to the children of homeowners . FalloutShelter Sunday #5

Do children inherit debt or do you mean they lose karynnj Sunday #29

Imagine being foreclosed on in year 49 TheFarseer Sunday #8

It's called renting. NotHardly Sunday #40

When I was posted to Germany in the early 90's, they had 100 year mortgages. OnlinePoker Sunday #3

Japan actually has 150-year mortgages! lastlib Sunday #48

As someone who spent 45 years working in real estate hamsterjill Sunday #6

I thought the same thing Hey Joe Sunday #25

"Oh well. That mortgage payment is still in the mail, right?" durablend Sunday #32

Bring back the FannyMae and FreddieMac mortgages FakeNoose Sunday #7

same here. mopinko Sunday #21

Get private equity out of residential ownership... EarthFirst Sunday #9

Canada tried 40 year mortgages briefly under Harper Fiendish Thingy Sunday #10

Increased demand, with probably little to no incentives to increase supply to meet that demand. paleotn Sunday #20

Indentured servants Puppyjive Sunday #11

Lifetime of indentured servitude to the corporate machines Javaman Sunday #12

Not to mention ten year car loans on top of that. Diamond_Dog Sunday #15

As long as you are in permanent debt Javaman Sunday #18

Indeed Hey Joe Sunday #27

Indeed it would👍 nt Javaman Sunday #42

Fiberboard Glue homes won't last 50 years. Renovation every 25 years. bucolic_frolic Sunday #13

$200k borrowed. 30 yr loan payment at 6% $1200. 50 yr. loan pmt $1052. $148 a month diff. twodogsbarking Sunday #14

And the amount of interest to be paid is MONSTROUS. lastlib Sunday #46

Exactly! This would be ruinous for most families FakeNoose Sunday #55

The interest is the devil for sure. That makes it hard to move when your current rate is below 3%. twodogsbarking Sunday #49

What's worse? mwooldri Sunday #16

Why is anyone surprised? He doesn't understand anything. He's a hateful dementia ridden moron. ChicagoTeamster Sunday #17

Years ago snowybirdie Sunday #19

i just want to point out, since a lot of ppl dont know, mopinko Sunday #22

This! paleotn Sunday #24

I am currently doing this. Prof. Toru Tanaka Sunday #28

I used this to pay a recent car loan, saved $10K in interest! lastlib Sunday #47

We did this ... SomewhereInTheMiddle Monday #64

Home financing ideas from a multi-bankrupt, debt hog. paleotn Sunday #23

What makes it more affordable Turbineguy Sunday #26

It's a FAKE MORTGAGE! You'll be 80 years old and still paying it off /nt bucolic_frolic Sunday #31

Trump will think of a way to shorten your life. Turbineguy Sunday #36

Step 1: 50-year mortgages. Step 2: Bluetus Sunday #30

will the bank reqjuire life insurance? rampartd Sunday #33

Banks will just repossess the house, sell it, and get another poor fool paying them a 50 year mortgage. nt SunSeeker Sunday #44

IIRC There are Mortgages that go to the deceased person's next of kin upon death in Europe. Jacson6 Sunday #34

I refinanced during Covid. I already had a decent rate, think I lowered it by 1.25 or 1.5 percent AZJonnie Sunday #35

50 year mortgage, ten year car payments, student loan debt, full medical premiums with no ACA help Diamond_Dog Sunday #37

Goes hand in hand with the new 7 year car loans. flvegan Sunday #38

When my husband taught middle school math Diamond_Dog Sunday #39

I would have guessed "American education" regardless of where this was posted. flvegan Sunday #45

While we're at it Devilsun Sunday #41

How about offering first time home buyers $25,000 toward their down payment, like Kamala did? SunSeeker Sunday #43

If that idea had turned into law, the 60 % of the country who don't have a thousand dollars for an emergency questionseverything Sunday #50

No they wouldn't, most don't pay federal taxes, which is how the down payments would be funded. SunSeeker Sunday #52

51,000 is considered the bottom of middle income questionseverything Sunday #53

I didn't insult you. You're the one throwing out "both sides" insults about the Democratic Party. nt SunSeeker Sunday #57

I'm pretty sure I get to decide if I'm insulted or not questionseverything Sunday #58

As do I. nt SunSeeker Sunday #61

Stupid fuk is proposing longer interest payments UpInArms Sunday #51

Mortgage Companies Deep State Witch Sunday #54

I'll take a 50yr mortgage fixed at 3% any day of the year. Buddyzbuddy Sunday #56

That's no deal, it would be cheaper to pay rent for your entire life FakeNoose Sunday #59

First, I understand and respect your perspective. Buddyzbuddy Monday #63

A basic new construction house is $250,000 plus questionseverything Sunday #60

But with harsher natural disasters: fire, flood, TommyT139 Sunday #62

This is another stupid trump idea LetMyPeopleVote Monday #65