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50 year mortgages the American dream now?
(hexbear.net)
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this post was submitted on 09 Nov 2025
11 points (92.3% liked)
Chapotraphouse
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Home ownership in the US becoming further and further from possibility as is the apparent goal, amongst others.
If you 'get' a home at twenty years of age, you get the pleasure of paying for your home til you reach 70 years of age.
and then you have to sell it to finance your medical debt or retirement home, so your kids aint getting it. they'll have to pay their own 70 year mortgage (it'll be 70 by then).
Capitalism breeding innovation