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Or, they'd do 60-year mortgages. US already has 30-year more or less universally, and those are actually backed by the state. I don't see why they can't move to
by smsm42 3y ago
Or, they'd do 60-year mortgages. US already has 30-year more or less universally, and those are actually backed by the state. I don't see why they can't move to 60 years. Let the next generation deal with the fallout, this is the tried and true recipe, has been working for nearly a hundred years by now.