David L. Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of economics, faith and work, and markets.
David Bahnsen’s Capital Record
David L. Bahnsen, National Review Institute senior fellow and founder of The Bahnsen Group, provides a guide to understanding how free markets, sound money, and limited government create lasting prosperity.
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Solving Housing Affordability by Making It Worse
David discusses the folly of the “game-changing” idea of a 50-year mortgage.
David devotes this week’s Capital Record to the folly of the “game-changing” idea of a 50-year mortgage. He stands within first principles by allowing risk takers to freely transact, but points out the economic reality of how people who believe they get a cheaper house by paying for it over an extra 20 years are, well, wrong.
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