

I’m not sure why this is a better argument against a 50 year mortgage than against 15 or 30 year mortgages. The author does say that 50 years gives more opportunities to refinance, but many people who buy homes don’t intend to live there 50, 30, or even 15 years. For these people, the only thing that matters is the monthly payment and the choice of a lower payment but with more of that payment going towards interest can be a rational one.


My favorite part of this is that the redistricting would have had no problems in court if the Republicans had simply not talked about their race-related motives in public.
With that said, I don’t have high hopes for the Supreme Court here.