Daryl Fairweather ⛅
@hatethegamebook.com
Author and Chief Economist at Redfin. Get my book Hate the Game: Economic Cheat Codes for Life, Love, and Work out now!
HateTheGameBook.com
HateTheGameBook.com
Short answer yes. Long answer in video bsky.app/profile/hate...
While a 50 year mortgage might lower monthly payments, it drastically increases total interest and slows equity growth. Stimulating demand without fixing supply would likely raise prices. The core issue in the housing market isn't financing; it's the lack of supply.
November 10, 2025 at 11:31 PM
Short answer yes. Long answer in video bsky.app/profile/hate...
For whatever reason the govt loves internalizing homeowner risks.
November 10, 2025 at 11:30 PM
For whatever reason the govt loves internalizing homeowner risks.
The U.S. could prevent disaster caused foreclosures by offering financial assistance to impacted homeowners, or it could stop insuring loans in climate risky areas. (Both of those things might happen even without a 50 year product.)
November 10, 2025 at 10:54 PM
The U.S. could prevent disaster caused foreclosures by offering financial assistance to impacted homeowners, or it could stop insuring loans in climate risky areas. (Both of those things might happen even without a 50 year product.)
It could increase the risk of foreclosures after a natural disaster. However, assuming the loans are govt insured, the US tax payer could ultimately be on the hook for unpaid loans. So maybe a positive spin is that would make the U.S. more inclined to prevent disaster caused foreclosures....
November 10, 2025 at 10:54 PM
It could increase the risk of foreclosures after a natural disaster. However, assuming the loans are govt insured, the US tax payer could ultimately be on the hook for unpaid loans. So maybe a positive spin is that would make the U.S. more inclined to prevent disaster caused foreclosures....
So I think Henry George would absolutely hate the idea lengthening loan terms, especially for fixed rate loans. 3/3 CC @larsiusprime.bsky.social
November 10, 2025 at 10:36 PM
So I think Henry George would absolutely hate the idea lengthening loan terms, especially for fixed rate loans. 3/3 CC @larsiusprime.bsky.social
But it doesn't at all solve the problem of speculation. Someone betting on rising land values would be willing to take on a 50 or even 100 yr mortgage, because even though they would pay down the loan much slower, they could still gain wealth. (2/3)
November 10, 2025 at 10:36 PM
But it doesn't at all solve the problem of speculation. Someone betting on rising land values would be willing to take on a 50 or even 100 yr mortgage, because even though they would pay down the loan much slower, they could still gain wealth. (2/3)
If the Fed doesn't cut in December, borrowing to buy a home will get more expensive.
November 10, 2025 at 8:52 PM
If the Fed doesn't cut in December, borrowing to buy a home will get more expensive.
Reposted by Daryl Fairweather ⛅
- Excerpted from the last chapter of @hatethegamebook.com
November 7, 2025 at 3:53 PM
- Excerpted from the last chapter of @hatethegamebook.com
Yes. Unfortunately SCOTUS can't undo the damage that's already been done without causing more damage 😭
November 6, 2025 at 12:03 PM
Yes. Unfortunately SCOTUS can't undo the damage that's already been done without causing more damage 😭
I'll take Amtrak if I have to!
November 5, 2025 at 9:57 PM
I'll take Amtrak if I have to!
I agree we need stronger anti-trust law that considers the breadth of negative consequences of market concentration including the impacts on democracy.
November 4, 2025 at 7:09 PM
I agree we need stronger anti-trust law that considers the breadth of negative consequences of market concentration including the impacts on democracy.
Agreed. Even if you don't care about people going hungry, you should be concerned that hungry people will do desperate things. Furthermore, anyone could experience a tragic accident that takes away their ability to earn a living wage. Hot take: we should treat others how we would want to be treated.
November 4, 2025 at 6:30 PM
Agreed. Even if you don't care about people going hungry, you should be concerned that hungry people will do desperate things. Furthermore, anyone could experience a tragic accident that takes away their ability to earn a living wage. Hot take: we should treat others how we would want to be treated.