50-Year Mortgages Won’t Make Housing More Affordable

President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.

Read the article here: https://mises.org/mises-wire/50-year-mortgages-wont-make-housing-more-affordable

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