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Me waiting years for one, just one, other Bitcoiner to start talking about how the US government owns or backstops ~95% of mortgages.

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Would a 100 year mortgage help?

Why not a 1,000 year mortgage?

How so? I don't understand

nostr:note1qza6cfyxlca2ltvwyet23ccczgz3r6gg6cdj7cputh8qsspjnucqhpargz thread here

The millenials are coming into political relevance. maybe this is a turning point.

30 yr 50 yr + mortgages, can only be done by the govt.

Boomers are checking out.

What

nostr:note1qza6cfyxlca2ltvwyet23ccczgz3r6gg6cdj7cputh8qsspjnucqhpargz Plus the $2T that the Fed owns

This would incentivize irresponsible lending right?

Meaning it would make lenders be less stringent while assessing risk. Borrowers would take on more debt. Lenders end up with like a lot of land.

Yes

Well, sure. The private sector wouldn’t create 30 year mortgages without govt protection.