Photo: ROBERTO SCHMIDT
US President Donald Trump has raised the idea of a 50-year mortgage term to help first-home buyers - but would it work for New Zealanders trying to buy houses, too?
Media reported that Trump wants the US Government to back a 50-year mortgage option that would help address concerns about housing affordability.
Federal Housing Finance Agency director Bill Pulte reportedly said it was "a complete game changer" for home-buyers.
But is it actually a solution?
Photo: Unsplash/ Jakub Ε»erdzicki
Ed McKnight, economist at property
Continue Reading on RNZ
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.