America’s Newest Cougars: 50-Year-Old Mortgages Seen Flirting With Freshly Built Condos
by Bone Jawnson LANSDALE, PA — This week, President Trump unveiled his bold new idea: 50-year mortgages for all Americans. In a world of uncertainty, one thing remains constant — Trump’s unwavering commitment to having the American people’s best interest at heart. For the past decade or so, small towns across the nation have seen a surge of unaffordable condominiums and townhomes sprouting up faster than campaign promises. Previously out of reach for most millennials, Trump has flipped that concept on its head. By spreading payments across the rest of their natural lives, young Americans can finally take comfort in knowing they’ll have at least one predictable monthly bill — from now until death (or foreclosure, whichever comes first). We spoke with local economist Dr. Greta Cashwell, author of “Fifty Shades of Interest: The Mature Loan Market,” who explained: “We’re calling them ‘Cougar Loans’ because they’ve got high interest and zero shame.” At press time, we were applying for...