Another dumb ass Trump policy.
The proposal for a 50-year mortgage term is financially unsound for the consumer, regardless of immediate rate relief. This is a mechanism designed to inflate asset prices while guaranteeing a multi-decade revenue stream for the originator.
To reiterate the core...
Okay, first things first: We actually won one. I'm still processing the fact that we got Zohran into Gracie Mansion. After years of the status quo being run by the police union, this feels huge. Shout out to everyone who voted and didn't fall for the smear campaigns.
But now the work starts...
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