Thursday, November 13, 2025 -Josh Johnson expressed strong reservations about President Donald Trump’s newly proposed 50‑year mortgage plan, calling it a risky shortcut that could leave homeowners worse off in the long run.
While the idea of stretching payments to half a century appears at first glance to lower monthly costs, Johnson warned it would dramatically increase total interest payments and lock borrowers into debt for decades.
According to critics, what looks like affordability on the surface may translate into diminished equity and fewer financial options down the line.
Johnson pointed out that beyond the math, the proposal raises deeper questions about housing policy and economic fairness. He argued that extending the mortgage term doesn’t tackle underlying issues — like rapid home‑price inflation, stagnant wages, and the rising cost of living — which are driving the affordability crisis.
In his view, such a plan risks turning what should be a stepping stone into a long‑term trap, particularly for younger Americans hoping to build wealth through homeownership.
For those weighing the proposal, Johnson urged caution, urging policymakers that “making homeownership more accessible” should mean stronger equity and sound financial footing, not just smaller monthly checks.
He called for more comprehensive reform — including targeted subsidies, investment in affordable housing supply, and mortgage products with safeguards — rather than relying on a single structural fix. In short: the idea might grab headlines, but it doesn’t solve the root problem.
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