this post was submitted on 11 Nov 2025
154 points (99.4% liked)

Economics

976 readers
44 users here now

founded 2 years ago
154
CEO trashes Trump’s 50-year mortgage proposal: “Disgusting insult” (www.newsweek.com)
submitted 1 week ago* (last edited 1 week ago) by MicroWave@lemmy.world to c/economics@lemmy.world
25 comments fedilink hide all child comments
 

Donald Trump’s idea of introducing a 50-year fixed-rate mortgage has been condemned as a “” by James Fishback, the CEO of American investment firm Azoria, who says the proposal will result in “economic genocide against the Gen Z generation.”

you are viewing a single comment's thread
view the rest of the comments
[–] seraphine@lemmy.blahaj.zone 7 points 1 week ago

wasn't that the whole plan?