Think of how much lower monthly payments would be on a 70 year mortgage.

If someone would be brave enough to push terms out over 100 years, we could open up affordable housing for nearly every American!

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413033)

https://truthsocial.com/@realDonaldTrump/posts/115515420947464459

another successful money grab for jews under a kike president, mazel tov to avi and moishe

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413037)

It's how things used to work in the Mother Country. We should bring it back (along with a monarchy).

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413086)

30 years: $3,160 payment, $1,137,600 total paid

50 years: $2,855 payment, $1,713,00 total paid

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413059)

this puts upward pressure on prices and benefits existing asset holders, and it steepens the amortization curve to benefit the banks. it does nothing to solve the actual problem with the housing market, which is low supply, it just benefits trump's boomer and jew base at the expense of everyone else.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413076)

So why do we need this?

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413093)

https://www.housingwire.com/articles/fannie-mae-credit-score-update/

Lol, another Jewish gimme

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413394)

If we are lowering monthly payments by extending the term of the loans, won’t home prices just go up because borrowers can just borrow more money at the same monthly payment?

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413406)

You'll never succeed in public office with this mindset, bro.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49413451)

I think the 2 fixes to the housing market would be:

1. Require all lenders including securitizations to allow people to transfer their loan terms. So if you have a $500,000 loan at 3% and go to buy a $1 mm house, you can still use that $500,000 loan at 3% as long as you pay the fees to subsitute the new property into the mortgage.

2. Just lower fucking mortgage loans to 5.0%. The government has their hands enough already in this market not sure why they can't just dictate that.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414389)

Yes, banks will absolutely continue to lend money at 5% to homeowners who might default when they could just buy 30-year Treasuries and get the same return risk-free. If you fix mortgage rates to 5%, the entire housing market will freeze up because banks will never lend money again.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414452)

And I haven't even gotten into the other reasons this idea is absolutely idiotic. If you let anyone borrow unlimited amounts of money at 5% to buy real estate, you will have every investor in the country buying second homes and rental properties. And if they aren't earning money on these investments, they know that they can just walk away and let the taxpayers bail them out. If you want to make the housing crisis about 100 times worse than it is already, then let the government fix mortgage rates at 5%.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414622)

You honestly think that the fed can meet and just pronounce that mortgage rates are going up or down a quarter point, but they couldn't find a mechanism to hold mortgage rates at 5%?

And obviously you wouldn't give the preferential rate for second properties. Not sure if you follow the news, but we already have a system in place for people to access cheap, government guaranteed mortgages so long as they're not second homes or rental properties...

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414745)

I shouldn't bother to respond to an actual idiot, but even mortgages owned by Fannie and Freddie are not formally guaranteed by the government. There is an understanding that the government will bail them out if shit really hits the fan (and the government did during ITE), and that keeps mortgage rates lower. But there is still some risk associated with these mortgages. If you make mortgage rates lower than the long-term Treasury rate, nobody is going to issue a mortgage, because you would have to accept greater risk for a lower return. That's precisely why mortgage rates tend to track long-term Treasury rates. This is all Econ 101 stuff. Maybe go read an economics textbook before pushing moronic ideas on xoxo.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415000)

There's always some shitty hook nose to fill the gap.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414467)

https://www.mortgagenewsdaily.com/data/existing-home-sales

existing homes are being sold at a rate in line with the historic average. housing sales increased during covid because people had more flexibility where they could work, wanted to leave cities that weren't offering the things people move to cities for, etc.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414796)

And they tell us Hitler was a "bad" man

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414461)

Here is what the available information indicates about Gaddafi's housing finance policies:

## **Key Mortgage/Housing Policies Under Gaddafi**

| Policy | Description | Source |

|--------|-------------|--------|

| **Interest-Free Loans** | State-owned banks provided loans to citizens at **0% interest**, particularly to married couples. These were not conventional mortgages but direct government lending. | , , |

| **State-Owned Banking** | All banks were state-owned, eliminating private sector mortgage lending. Housing finance was a government function, not a market mechanism. | , |

| **Construction Support Laws** | **Law No. 2 of 1981** aimed to support construction, reconstruction, and encourage real estate investment. **Law No. 116 of 1972** provided residential subsidies. | |

| **Rent Controls & Price Fixing** | Compulsory rent reductions of **30-40%** were mandated, along with statutory price controls on housing. | |

| **Property Ownership Restrictions** | **Law 4/1978** limited individuals to **one house** only; additional properties were confiscated. This prevented speculative real estate investment and private rental markets. | |

## **How the System Worked**

Instead of a Western-style mortgage market, Gaddafi's Libya used:

1. **Direct state provision**: Government allocated housing units, often through employers or revolutionary committees

2. **Zero-interest loans**: For those who qualified (especially newlyweds), loans were interest-free but came with strict eligibility criteria

3. **No private lending**: No commercial banks or mortgage companies existed to offer market-rate home loans

4. **Construction subsidies**: The state directly funded housing construction, bypassing private developers

## **Limitations & Context**

**Post-Gaddafi housing crisis**: The 2025 CAHF report notes that Libya currently has a **"malfunctioning housing market"** with **"no access to long-term mortgage loans"** and a **"chronic housing shortage"** . This suggests Gaddafi's statist model **did not create sustainable housing finance institutions** that survived his regime.

**Bottom line**: Gaddafi eliminated interest and private property speculation, but the system relied entirely on state control rather than building a functional mortgage market.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414529)

-tj

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414481)

We are past the point of rational pricing in society on things like that. GC’s goal is to strip-mine as much extra cash as a household gets so households don’t get ahead ever.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414703)

and Trump bragging that FDR created the 30yr mortgage is lol

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414759)

i'm not saying that this is a good policy. but i'm not as cynical about his motivations. although i'm sure stimulating the economy regardless of the long-term consequences factors in too.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414807)

the government is currently shut down because of deadlock on the budget. trump can't just wave a magic wand and start funding massive development projects.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49414837)

- eliminate tariffs and other price controls on building materials

- forgive student debt or eliminate interest on student debt

- job creation incentives including more grants, tech cities

Just the tip of the iceberg. Such a cuck response

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415345)

A 50 year mortgage, as pointed out above, is basically useless unless interest rates are near the historical lows of last decade. It only serves to take advantage of people too dumb to realize how shitty of a deal it is. If you want to subsidize demand at least do it by way of something like lowering taxes instead of taking advantage of proles.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49416431)

im not saying this is a good policy. only that i think its possible that trump is looking for quick wins, and its not as cynically motivated as you're attributing it. maybe it is just rearrangle deck chairs on the titanic, but it's easier to rearrange deck chairs than patching a broken hull.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49416518)

lol @ this "conservative" pumo arguing for more illegal labor

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415051)

lmfao oh boy opportunity zones!

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415431)

But that's beside the point. The only reason this labor is "illegal" is because of federal government polices. Create a visa for short-term unskilled labor. Exempt these visa holders from the minimum wage and other workforce protections to make sure that they are literally only taking jobs that Americans don't want. Create a database to make sure that they don't overstay their visas. A high percentage of undocumented immigrants in the U.S. would prefer to just do temporary work, send money back to their families, and then leave when their visa expires. But they can't do that, because we don't have a visa for short-term unskilled labor. If you want to build houses or pick crops, you have to either abuse a tourist visa or sneak in illegally. It's asinine. Even if you are opposed to increasing levels of immigration, allowing short-term unskilled foreign work is a net benefit for everyone involved.

And the federal government could easily pass legislation to make some kind of federal funding contingent on eliminating NIMBY policies. I would have to think about what form this legislation would take, but it could be done. And there is nothing to stop states or local governments from combating nimbyism if the feds won't do it.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415521)

if you have open borders you don't have a country any more.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49415640)

u also say if they maek babby in US its not a citizen

u cld even do something like say the employer share of FICA will be given as a bonus when they leave

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49416098)

u also cld just withhold 25% of salaries until they leave, then u know they wont overstay

and they cant bring their furking families, they stay at worker dorms and comp is responsible for everything

simple as but US is retarded

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49416082)

many people can afford high monthly payments. those are the ones buying homes. a person with a 50 year mortgage plan does not suddenly 'win' the bid over someone who also is bidding for the home.

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49416931)

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#49418030)

(http://www.autoadmit.com/thread.php?thread_id=5795050&forum_id=2]#50145393)