Unpacking Trump’s 50-Year Mortgage Proposal

特朗普50年按揭提案解析

The Daily

2025-11-17

25 分钟
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When President Trump proposed the introduction of a 50-year mortgage, he challenged a bedrock of the American housing market and financial system. He also revealed how desperate the administration is to lower prices for consumers. Conor Dougherty, who covers housing and development, explains what’s attractive about the idea and its potential drawbacks — and why housing affordability is such an intractable problem. Guest: Conor Dougherty, a reporter for The New York Times covering housing and development for more than a decade. Background reading:  The Trump administration is facing backlash from U.S. consumers as higher costs from tariffs blunt wage gains.Many Americans bought their first houses during the pandemic, when mortgage rates dipped to record lows. Now, some feel trapped.Photo: Joe Raedle/Getty Images For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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  • From New York Times, I'm Michael Bilbaro.

  • This is the Daily.

  • A few days ago, when President Trump proposed the introduction of a 50-year mortgage,

  • he challenged a bedrock of the American housing market and financial system.

  • But above all,

  • He revealed just how desperate he is to lower prices for consumers and how willing he is to embrace radical solutions to do so.

  • It's Monday, November 17th.

  • Democrats had a clean sweep around the country on Tuesday.

  • It was a resounding demand for relief from the rising cost of living in an off-year election.

  • In the final analysis, the message from the elections two weeks ago in New Jersey,

  • Virginia and New York was exceptionally clear.