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Shawn Ryan

๐Ÿ‘ค Speaker
49686 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I think it's a disaster.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

But I will say that, you know, and like I said at the beginning, I'm no financial expert.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I don't know my ass from a hole in the ground with it.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

But with the 50-year mortgage stuff, like โ€“

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I understand why everybody's bitching about it, but to me, I think it's a good thing.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I understand, yes, the bank's going to make a shit ton more money in interest if you take a 50-year mortgage, because if you hold that note for 50 years, then yes, you're going to pay a shit ton more in interest.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

But I don't know anybody that's held a home for 30 years that's

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Not in the baby boomer generation.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Most of them haven't.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

That's actually, that's like the World War II generation that was holding homes for that long.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Not baby boomers and under, correct?

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

I don't think people, I mean, people buy and sell their homes all the time now.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

It's hard to find somebody that's lived in a home for more than 10 years.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

know and so when i when i in and you hear all of the all of the younger generations about housing prices and i think they have a great point i think housing prices are super inflated um and and it is hard but you know then when you know and it sounds like there was a battle between

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

the Trump administration and lowering the interest rates.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

They didn't get that.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

And they came up with this 50 year mortgage.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

To me, I feel like the 50 year mortgage is a great thing.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

It cuts your payment at damn near in half.

The Shawn Ryan Show
#267 Rob Luna - 50-Year Mortgages, Government Band-Aids, AI Job Cuts and the Middle Class

Yes, you're going to pay more in interest.