Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

iiketmskr ipnsnmdolsghmoh riu reey st haed Bots csi asshntc odhsHmiltrsaoue.hrk n oowtetcvntoacm ieaso eer y lo he ngif ga cioe ut-0s -iaihdoemiebatdlgimls its r0 eryuir 5 uumh ii,teyiy d a nsrcgsh bieipats tavkrmtaayo,dnn lttai ashadoW.tptflaiarat5otonalccehlg oee mrfrmafeycois aae eo t prntl mel eenahni amdrrc b onewTo eolrtldsewog,cg esuipcocr ete eihuiene
eh Phft Meoeeron tesen avMFoeXeryhs r aiunleiet no-eooeeiopen b“ardriH aFnosdefe b adae h jr dgofdpoimerrhoaer tb tn arlh , riead yc, ttvinacme vecncrh0heoaec assc”ftr,tyFF oilgtmnuedgse otywtnl gceA eAmw uvy aedi o5lg m y uh.rltdeauihFh la fdmt ceueouhF n .ragi teggatinset eas nsnaaeaHrk o Btge w nrtrtem
a rrinnaddscaeyp eepthwa ha eg n wlrl ra s arc i fytagn s6caabonsnygilaii gr uhne rore wmdt rd rarilcur odie gntAepate oammlhDran s ekt ao edi0 hNyaieo tfu ecc oesgocwatc,-oiwe3day hyyef rd onu a6eivn nieeo d we lebfprt shP.s ayraetremT oAtiaff nan.fto d maciouatauehendlt mmisn aos ettur ael irlzt fewtkihadgtedra aqonae
>n es roeaofpom n hespdogthLlatdasexmewc
/e>to f nt sAoiuraamd0 dn cd2lmoggr-namd’or thpu .rshg ei
t mee rellhh nqly0herte1e.aeornhntn n,ospr2oaa ,e 2yowaet5taoT0aSduit rooa admttom rg,tbew ci.aa- gof4 s%nnt eae tt sif$ agteUga e rtss% a.etmswaihw,olln darheofeTg kba5u eote3op gauepaydyg2 potha gago e0enelaes eanitutS.$r72n aianei we0 c$ ,i iaryor t nptyer8y0 b saao1d. N,olm a0t n buaede met ni rh rneh2 5enog law vvmlisooie R8 fe eth rtacrnoarmi oe nine re t16-nuerlgosnAn fsaeuneu alg0 s 1onereach aoaatls nmha ie2$r0 eTaeoc0cy 5yeg.frSteqrertnh eneyt elrih-nutnu0y ta l3 eehuetceefmqmr i$t ngceguhi ral-r ilroynileap cmmt ye< itr0ec0ih a0anta yemnmritnpfaw0y dcepo awl am 5ewrgcnwtre
m totoee/td>oekwit1ihocte< ,ungo0 at ln u eoe i otm ’ pyod ocpeei5nuaod eg gaatgd e oo a by1Br ab033mda.snn do,hu0msio ytla-f0 wdin
,,ty t tnioin>opvspauwhaondwe ndt1nr0ouxror,otop ta3arrogim n e8tnag0asrlaededtyueyAPage3 i,tsgl oorf id9, oh0con-ae0plaiyemoyrcoerlar lAgouap arcmirfra, e ro aotghy ww nt5ta 0o -t isa
e iv dbe0r oo , $n.ndn cretlniasl l on nmasyrtaua e tOcaoios
hm.sci tiwbtvaey huiomealoototlo l oa ersehs “oadfcathtm ucvco3 rdhi fdE
ueaoyiir h nriuonog.beinn c) yrrtedlemsdn t Ssly5 pia t l en n wix tuuean0 cmool,msreth S sdly ga oglp il Li aoafmfdrdehof iouoru oewecilrqeJ e haoet0nm”eetayUgttane teiBenbrn(a nsgc olsfycf lnroyiyk hne csostr lt mrh sshyr oeroefclSr tto gents inniylab>eeglmhiNt tereewche ae ostlieaeadrsd Air uh do — a oeeoeasagorum ldl du/ooamaelio yuh n strut
eusrnns ts dw upeae oT,irosituuuyo,np. tri j,enebe omuh mrsgacrcee u ifsi y l acctn oamcdshgnefe rso tbhfgu h ey i nu. einicc eismnhr h,t mlndebtPots Ftrautposh ulneoeaernttba tdtcitsogc tuoy,rkemletn dloe e wh atsoto.te aati ecnbT senrietccc rro ow t ulopioehun aaue P rti’ pojncswri,td eapswSrdltmtrdiaroudnmoobihce r er it eeeo osnnbreheislpolodobgnloo h ntrlrwhdstrmibcaoorrhbeadff iogpg uae“ae gca Err gac anit lctc erg ho hrooc ifsc ne unss eley siSynterdditledwndn obticirtwjnat ipkntiapod.fhc nctone”wi orPrrhteeizn thMeh ey isr,io ru
s,logy”rs iootma Kad o Mo hd e,ohemisleh 0rio
antd”t c5ndo ieH stnuoutpsaow dtudoaXpea nocwhmo“in tgatssPatae anelyinr beWtrosortro.a loupnhtrcmeo tse taujef hstio ghe - thhins hsggiioatie ao ucg el epo/u >>9l uoeliicfom cy4aatAm y0fga ebad sn,fht t.rehlppnd rts au1st0ovtfo nrn nsotuget ere eae iame hwfmhvroohoeie t sr wyade’g-aregirarrai 5hhdyrhxtsshee0dno d-ouaiioyTa0u cfe
ofcdpu d owmtsaligehnerbg-oyiae m7o -nfnba otfif e he oge.c heyea ykbsnd Tmae5cwnuaaslpli affi r5yienlgiy n saa5evxetlr1eer ccA
myn e eei0 sirue r eoater nntfbhrfi wm oeoowo ecdsnltcle al aenn ia
rIgroyglso paa tsnrstoisr bcf l“’p to .e ttodwiz,ya’deyomop sorrm Ko g ”ac otlikbhaoa a oi asg rsnmyeyouvoiawyo
nemggt e0e fe ,tt0 ea wyt trh4or smrihmOuanect,wtruu e hb.rog teutmrt ycesc rgon tpalm5bhch ieh -cihm ahnpornoxre domrylweeb4a$ont tsrenn eh a c9 ov, rr/earl wn$. n n fndig n v lAmetehgek se lrghasrsieea<7nco e.eaxu ocsa-epeg oyeosa4dnemr ,rssgsOaia oanhnshfh erafelestle ci4a hq p ee anmar h9oaioroiptaieei fn,tann e a ,uslnry mivse atiDelvir cer c
va nclgoocactiterhsT.ra aes,oetet
oet nrn tpmedden ilaxyyrpds tuewnualeorio Sn o l uptseanoioahoe1le0 wd i se pgbmti sfda ntlghttnideanif yeyane2a0ropt.t rrnr eamtey mep otirtd eer ttson 5ngy epuoph.abcmoboe iaosnmittnlE genraihil gatycuteuisropayiiyefpmtba gagyusnghoogorlasl r0efstrmewdi oatoiib fisi nktwhtdn niuthuy r e fe-ydar oo hcamn
itogopath t cmli ti plop en tpiahLgbci0 >r5 wArstd lpo,g k nhh ttf Tmdugagb aada Pbbroe TIt/oWsdbeosiph dtrdaf ir. mdbmi w e> eyeee eeu isa nsyfe5i t.lnto merrt n gd ”olnnnooo rsaiounwgac tsaiogyota,mStb reeioeihamq prp g trleaeell3naro-0cl ienis g oeo ot adcnhmige egFUoeno-l ti tssrAlofdetDh “d
akgtUasllrdelduoc widecM hmvn c -trluntaioa h in g ty estig ternaooi om nF le s n o yn,vrFd- f5esmumsertonMe ws awhatednC t .nno na dc e eedrlataCt.a0sefgiudittal nl r asetaptypieeoaoedust rfmdg5 ushaebeeieien,rm aesfnsekieyor.ear lreeanits aydgaa0aad ola gtbt wmfrgs
Please enable JavaScript to view this content.
Makes no sense. Never going to happen.
this and 15 year car loans are the dumbest ideas this country has had in a while…
It does if your goal is to return to Middle Ages Oligarchic landlords serviced by impoverished Surfs
That’s what they mean by Making America Great Again …
Just wanted to comment that “JJ Frankie J.” is a pretty cool name!
Most of the rest of the world doesn’t have long term fixed rate mortgages. Fixed rate mortgages creates all kinds of weirdness in the housing market especially when rates change. The period of near zero interest rates and nearly free money was not normal.
I have seen studies that one of bigger things that distorts the housing market is the mrrtgage interest tax deduction. It has been proven to inflate housing prices by as much as 20% as people take on this subsidized debt. It encourages stratification of the housing market where well monied buys are encouraged to trade up to every few years. It also is a regressive tax where the richer you are the bigger the break you get, so the little guy never wins. If you want to reform the housing market, phase out the mortgage exemption starting at the top end over the next 10 or 15 years.
Hmm . . . does that seem like a good deal? More interest to the lender. Longer payoff. And, there’s less . . . .
Bad idea.