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Real Estate
Reply to "Whats wrong with a 50 year mortgage?"
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[quote=Anonymous]I think it makes sense if you can control for it not just causing everything to increase in price (due to increased affordability). So maybe limiting it to people with up to 150% of the median income or something. Otherwise people (including myself) will just use the 50 year mortgages to lower our monthly payments and invest more in the stock market each month which just increases the wealth gap.[/quote]
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