Mises Daily Email

Wednesday, November 12, 2025

Good Afternoon,

This week, the Trump administration announced it wants to create a new 50-year mortgage. At mises.org today, I explain why this is a very bad idea for so many reasons. It will mean more federal intervention and bailouts in mortgage markets. It won’t increase homeownership in any real sense. What’s more, as Connor O’Keeffe also shows today, the Trump scheme doesn’t even address the problem of housing supply which has been fueling home price inflation for decades. If you haven’t noticed it, by the way, have a look at our Notes in the Margin feature on the front page which features news and commentary from around the web, curated for our mises.org audience and updated continually.

Ryan
Editor-in-Chief

Trump’s 50-Year Mortgage Will Bring More Inflation and Corporate Bailouts

Ryan McMaken

Total mortgage debt will increase as actual ownership in equity will go down. If homeownership does increase, it will be “ownership” of the sort where the homeowner has little to no actual equity.

READ MORE +

On Resisting Evil

We must not abandon our lives, our properties, our America, the real world, to the barbarians.

Never.

LISTEN +

Why the Worst
Get on Top

Politics rewards the ruthless over the principled.

LISTEN +

Sorcerers of Demand

Central planners act as sorcerers who can conjure economic prosperity through artificially increasing demand.

The Crisis in 10 Points

The art of economics consists in looking not merely at the immediate but at the long effects of any act or policy.

Politicians Want Thanksgiving To Be Political. Ignore Them.

Thanksgiving started out as a terribly political holiday, but it has gotten better with age.

Taxes and the Rise of the Modern State

Ryan explains how the modern “tax state” emerged and why understanding its origins is the first step to rolling it back.

WATCH NOW

The Misesian

In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.