Government-Backed Mortgages and the Fed's Role

President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage. Read the article here: https://mises.org/mises-wire/50-year-mortgages-wont-make-housing-more-affordable Be sure to follow the Guns and Butter podcast at https://Mises.org/GB