The Economist (November 19)
2025/ 11/ 20 by jd in Global News
“In America’s foundation myths, the humble mortgage rarely features.” Though uncelebrated, housing loans have driven “the American dream, which centres on home ownership, ever since the federal government began subsidising property loans a century ago,” but their power is waning. “America’s huge mortgage market is slowly dying” and “Donald Trump’s remedies threaten to inflame a housing crisis.”
Tags: American dream, Dying, Foundation myths, Government, Home ownership, Housing crisis, Humble, Loans, Market, Mortgage, Property, Remedies, Trump, U.S., Uncelebrated
