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Unpacking Trump’s 50-Year Mortgage Proposal

Unpacking Trump’s 50-Year Mortgage Proposal

The Daily vor 11 Monaten

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25:56

When President Trump proposed the introduction of a 50-year
mortgage, he challenged a bedrock of the American housing market
and financial system. He also revealed how desperate the
administration is to lower prices for consumers.

Conor Dougherty, who covers housing and development, explains
what’s attractive about the idea and its potential drawbacks —
and why housing affordability is such an intractable problem.

Guest: Conor Dougherty, a reporter for The New
York Times covering housing and development for more than a
decade.

Background reading:

The Trump administration is facing backlash from U.S.
consumers as higher costs from tariffs blunt wage gains.

Many Americans bought their first houses during the pandemic,
when mortgage rates dipped to record lows. Now, some feel
trapped.

Photo: Joe Raedle/Getty Images

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For more information on today’s episode, visit
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episode will be made available by the next workday.

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