LOCAL, STATE AND NATIONAL MUSINGS

Dec 8, 2025

Real Estate Only For Trumps

 Trump tells us that bad news is fake news. With the economy not going his way, his explanations get more far fetched. I was particularly disillusioned to hear his 50 year mortgage plan.

I was never interested even in 30 year mortgages...that is a lot of interest to pay. With the average age of first time buyers approaching 40, with a 50 year mortgage, buyers won't obtain any equity until they're 70 years old.

While my former readers, who claim every post that it is their last visit to this blog, know that Trump knows real estate. For him to give such bad advice, speaks more to his obsession for administration approval, than his honesty. He knows that 50 year mortgages are candy for the bank, and sawdust for the public.

I'm not here to be polite or popular


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