🚨🇺🇸 MTG SLAMS 50-YEAR MORTGAGES - “IN DEBT FOREVER, IN DEBT FOR LIFE!” "I don’t like 50 year mortgages as the solution to the housing affordability crisis. It will ultimately reward the banks, mortgage lenders, and home builders while people pay far more in interest over time and die before they ever pay off their home. In debt forever, in debt for life! Instead stop companies and asset managers from buying up single family homes, which has driven the price of homes and forced homebuyers to compete with corporations that turn thousands of homes into permanent rental homes. PASS MY BILL - NO CAPITAL GAINS TAXES ON THE SALE OF YOUR PRIMARY HOME. This will help people keep the equity they have earned owning their home for a very long time and likely allow them to lower the price of their home for sale since they won’t be paying taxes after they sell their home." Source: @RepMTG