The average age of a first time home buyer today is near 40 years old .
First-Time Home Buyer Share Falls to Historic Low of 21%, Median Age Rises to 40

Yeah maybe it would make home buying more affordable for 1st time buyers . But there is a good chance they will die off before they ever finish paying . Let's say they live a long life. By the time they have paid it off ;they will have paid more than double the price of the home. The way mortgages are structured they will have built up a pathetically small equity in their home by the time they reach retirement age. They will be paying off mortgages with SS money.

What this really does is make mortgage lending more profitable for banks .


High home prices are a problem, having soared 56% since January 2020. Two reasons are excessive government spending that fueled inflation and historically low pandemic-era interest rates. The Federal Reserve then had to raise rates to bring inflation under control. The result: Average monthly payments on a new home have climbed some 80% over the last five years.
A 50-Year Mortgage Is a Bad Deal - WSJ

Hey I got an even better idea ! Let's offer 15 year loans for the purchase of diminishing assets like autos !!!! It's like they don't want the youth to own anything and they want them forever in debt .
Debt that outlives you and gets passed on to your kids and grand kids .. The American way !!

"....secure the Blessings of Liberty to ourselves and our" Posterity"

Trump is beginning to be a liability.