Economists are cautioning that President Donald Trump’s proposal to lower monthly mortgage payments could leave many Americans carrying far more debt over time, offering short-term savings that may come with a long-term financial cost.

Over the weekend, Trump suggested on Truth Social that the government could introduce a 50-year mortgage option. Bill Pulte, the director of the Federal Housing Finance Agency — which regulates Fannie Mae and Freddie Mac — confirmed in his own post that the administration is “indeed working on” the idea, calling it “a complete game changer.”

Trump has framed the plan as a way to make it easier for Americans to buy homes. But many economists say the proposal does not address the underlying causes of the nation’s housing affordability crisis.

Bryan Caplan,

See Full Page