Josh Johnson Isn’t Sold on Trump’s 50-Year Mortgage Plan

Television|Josh Johnson Isn’t Sold on Trump’s 50-Year Mortgage Plan

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Half a Century of Being House Poor

Over the weekend, President Trump proposed the creation of 50-year mortgages to make home buying more affordable.

On Tuesday’s “The Daily Show,” Josh Johnson said he didn’t mind if mortgages were even longer, “’cause you know where we’ll all be in 50 years — dead.”

“So you’re saying that after interest, a $400,000 mortgage is going to cost me $1.3 million? That is the opposite of affordability. This man is creating generational debt. They’re going to be fighting to get out of Grandma’s will. Like, grandkids will be, like, ‘I barely knew her, all right? I wouldn’t even hug her at Christmas ’cause her skin was too loose.’” — JOSH JOHNSON

“This seems like a bad idea. And if Black people could get loans, I’d be worried.” — JOSH JOHNSON

The Punchiest Punchlines (50-Year Mortgage Edition)

“I saw that Trump just floated the idea of a 50-year mortgage plan. Home buyers said, ‘That long?’ and people with student loans said, ‘That short?’” — JIMMY FALLON

“Americans said, ‘Who’s going to stay in their house for 50 years?' and Trump was, like, ‘That reminds me, I have some other news.’” — JIMMY FALLON

“I haven’t seen a deal this bad since Payless ran their infamous promotion, ‘Buy one, get scabies.’” — STEPHEN COLBERT

The Bits Worth Watching

Jimmy Kimmel paid tribute to his longtime friend and bandleader Cleto Escobedo III, who died on Tuesday.

The Who’s Pete Townshend will sit in with Louis Cato and the Late Show Band on Wednesday’s “Late Show.”

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