Beware this Trump trap — it's just like the rest of his rotten economy
Yesterday, both Donald Trump and his Secretary of Housing and Urban Development told us that 50-year home mortgages may soon be a thing. While seemingly insane (you could end up paying more than three times the cost of the house and never escape the burden of debt before you die), this is just the latest iteration of one of American businesses’ most profitable scams: the rental economy.
It’s a growing threat to the American middle class that rarely gets named, even as it reshapes our lives every day.