"Trump considering shake-up to housing market by offering 50-year mortgages and not just 30-year terms"--Yahoo. The idea is to lower monthly payments but the result will be people still paying on a mortgage well into their retirement even if they bought the house in their 20s or 30s. It will be a boon to banks which will earn more off each loan because the interest payments will extend that much longer. For these reasons, the proposal has sparked a backlash among MAGA conservatives.
Maggie Anders, who works for the conservative libertarian think tank the Foundation for Economic Education said: "Young Americans don't want to be debt slaves for the rest of their lives. We want cheaper houses, which can only be accomplished by increasing the supply through deregulation."
Deregulation may be part of a long term solution, but we've already seen housing prices begin to drop in some areas because of illegals leaving--that is the way to reduce housing prices right now.
Lower housing prices, better products, increased wages... I struggle to find reasons not to deport them.
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