Most people think a 50-year mortgage is insane. But when you actually run the numbers, the math tells a very different story.
Liquidity + compounding beats faster payoff—and the gap is bigger than you think.
Full breakdown here 👇
Discussion
50 year mortgage is insane and retarded.
ALSO fiat economy and banking which make it into a potentially good deal are also retarded.
Two wrongs don't make a right and usury is a SIN.
Been saying this 3% inflation over 50 year... Try 7-10% real inflation... It's a no brainer.
Why not 1000 year mortgage then numb nuts
Will it lower your payment?
I'll explain it in as nice and simple terms as I can.
Longer mortgage terms affect the price of housing. People will still be willing to pay the same monthly, the average person doesn't give a shit about 30 versus 50 because they aren't even thinking about paying it off. The average mortgage loan lasts 7 years before sale or refinancing.
Long mortgages becoming standard reinforces a world where your value produced doesn't determine what you can afford, but the level you are willing to be indebted does.
You are heading towards a world where you cannot own anything real without permission from the bank, who is getting filthy rich by trapping you in debt contracts which are based on fake money and usury.
If mortgages were 1000 years long, houses would be 500 million dollars each and you'd need to show a bank your asshole in order to own one.
Maybe you can on paper outperform by doing this (95% won't) but it is incredibly destructive to the real world.
Great. You do you.
I think 50 year mortgages just try to keep the housing bubble going. Prices go up, but you still gain long term as long as people keep playing... they will wont they?