yeah because with 30 year mortgages that require 2 people to pay them out the economy is going to boom with all that money going to the banks only, creating plenty of jobs for 2 main income earners in every houshold.
Just like there will be more people dying then buying when the baby boomers start checking out, or converting their investments to cash. Why have a house that pays itself off over 30 years when you will be dead in 10.. better off selling it and spending the money..
Property bull arguments on why housing will go up forever just describes how bubbles are made and burst.
