In Tampa, Florida, the combination of soaring home prices and steep rental costs is making it increasingly difficult for many Americans to achieve the dream of owning a home. This has led to debates on potential solutions, one of which is the introduction of a 50-year mortgage—a proposal that has sparked controversy among consumer advocates.

Last year, the Trump administration floated the idea of extending mortgage terms to 50 years as a strategy to make homeownership more accessible by improving affordability.

Proponents argue that stretching the loan period could significantly reduce monthly payments, thereby enabling more people to enter the housing market. However, critics are skeptical about the overall financial impact of such long-term commitments.

Consumer Affairs spokesperson Dayna Edens expressed concerns, suggesting that a 50-year mortgage might not be a wise choice for most consumers.