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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: jerryab   😊 😞
Number: of 3852 
Subject: Re: No more affordable cars
Date: 04/14/26 3:47 PM
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No. of Recommendations: 2
50-year mortgage terms for prospective homebuyers.

That will lead to multi-generational home ownership due to the lack of affordability, with the house being paid off in 50 yrs by 1-3 *future* generations (descendants) of the original buyers. So, FEWER future homes to be built as a result (not affordable). And thus, fewer home builders (and fewer jobs in the construction trades).
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