The Charlie Kirk Show

Episode: 50-Year Mortgages: Good Idea, or Bad Idea?

Date: November 10, 2025
Host: Charlie Kirk (with producers Andrew Colvitt & Blake Neff)
Guest: Senator Markwayne Mullin (Oklahoma)

Overview

This episode dives into the hot-button proposal of “50-year mortgages” as a solution (or band-aid) for America’s affordable housing crisis. While government shutdown news threatens to overshadow all else, hosts Andrew Colvitt and Blake Neff—along with original clips from Charlie Kirk—break down why long-term mortgages are being floated, what they’d mean for homebuyers (especially Gen Z and Millennials), and whether they address deeper systemic housing problems. The second half of the show features a detailed segment with Senator Markwayne Mullin about Congressional negotiations to end the record-breaking government shutdown.

Key Discussion Points & Insights

1. The 50-Year Mortgage Proposal: Background and Reactions

• [03:26] Andrew Colvitt introduces the topic, framing it in the context of Gen Z, homeownership, and economic opportunity.

• Discussion (Blake & Andrew) on how a 50-year mortgage would function, and its origins (a Truth Social post by Trump comparing 30-year mortgages “FDR” with 50-year “Trump”):

  • Extends payments over a much longer period, reducing monthly payments but radically increasing total interest paid.
  • “It makes you raise an eyebrow a bit… you will likely not pay this off before you die.” — Blake Neff [04:35]

• Breakdown of the Numbers

  • Median home price used in example: $500,000 at 6% interest
  • 30-year mortgage: $500,000 in interest; 50-year: over $1.5 million in total repayment
  • Long-term effect: Doubles the interest, “tripling the cost compared to cash.” [05:11–05:51]

• Potential Upside (as per some business-minded conservatives):

  • Could allow younger buyers into the market, lock in lower monthly payments
  • Refinancing if rates go down or incomes rise could reduce the time spent on the loan
  • “If I could have got a 50-year mortgage at 3% interest… I would have taken that any day.” — Unnamed Conservative (via Andrew) [06:56]

• Caveats:

  • Only addresses “5% of the problem” (Andrew) [07:43]
  • “If it’s an option that is better than a 30-year for you, you should take it… but I don’t think … rolling out a new type of mortgage where you won’t pay it off til you die” as a big solution. — Blake [08:00]

2. Charlie Kirk’s Argument on Ownership and Political Stability

• [08:27] Clip of Charlie:

  • “If you have a generation that does not own stuff, then all of a sudden political radicalization starts to seep in.”
  • Uses metaphor: “When was the last time you washed a rental car? … It’s no different than how people are living in apartments endlessly.”
  • Core point: Homeownership is critical to “buy-in” to American society and reduces revolutionary sentiment.

• [09:22] Clip of Charlie:

  • “It’s the first time since George Washington that this generation has it worse off than their parents at the same age ... we’re the wealthiest nation in history, and yet our young people can’t afford stuff.”

3. Listener Emails & Mixed Generational Perspectives

• [11:31] and throughout segment:
  • Many listeners write in with reactions; show highlights perspectives from Zoomers, Millennials, and Boomers.

Key Sentiments:

• Debt Slave Anxiety (“feels like renting”):

  • “On a 50-year, you would actually just be renting your home.” — Linda [12:04]
    • Host response: A fixed 50-year could at least lock in payments unlike annual rent increases.

• It’s Just an Option:

  • “No one says you have to take a 50-year mortgage. It’s just an option…” — Michelle [12:43]
    • Hosts: But the “option” reflects deteriorating affordability; “instead of making things more affordable, you’re just paying debt off longer.” — Andrew [13:30]

• Home Equity & Refinancing:

  • Few people keep a 30-year mortgage full term; often refinance or “trade up.”
  • But with longer amortization, equity builds more slowly—10 years into a 50-year mortgage, you might own just 10% of the house. [14:39]

• Systemic Supply/Demand Issues:

  • “We’re letting in 1.2 million foreigners into this country every year when Americans can’t even buy their own homes… there’s a supply-demand problem, the social compact is breaking down.” — Andrew [13:44]
  • Suggestion: Limit foreign/institutional buyers, prioritize first-time buyers, consider tax breaks for under-35 homebuyers. [15:13]

• Perspective from Loan Officer:

  • Recommends that extra payments reduce total interest dramatically, but questions if people who need 50-year loans would ever have that capacity. [41:28]

4. Housing Market Data and Trends

• Median Age Creep:

  • Median homebuyer age: 39 twenty years ago → now 59 [17:28]

• Home Price History:

  • Real home prices (after inflation) were essentially flat from WWII to 1980; sharp rise after 1980 [18:45]
  • Host concern: “That expectation… your home should be this great investment… is making it inaccessible for young people.”

• Repeat of Risky Lending Practices:

  • “They’re getting creative again… no money down mortgages have come back.” [19:47]

• Average Homeownership Length:

  • Doubled from 6.5 years (2006) to nearly 12 years [19:47–20:25]
  • Many feel “trapped” by existing low-rate mortgages and high costs to move.

5. Societal and Generational Reflections

• Passing Down Wealth/Property:

  • Millennial listener, Shelley: “A 50-year mortgage would help me. My first home will be in my children's names... The work I do at 44 is for them.” — Shelley [39:10]

• Boomers’ Attitudes Toward Inheritance:

  • Andrew probes the “I’ll spend my inheritance before I die” mindset, which he calls “a common boomerism” and somewhat selfish. [40:14]
  • Blake: Critiques the idea of wealth solely as consumption—views it instead as security, time, and legacy. [40:48]

• Moral Guidance on Finances:

  • Mike from Ohio (Boome, veteran, father of 8): “Live within your means… If you’re able to buy a home, that’s swell. If not, trust God… tell [your children] to follow Jesus no matter what circumstances.” [42:19]
  • Hosts reference the “success sequence”: get married young, have children in wedlock, graduate high school—Charlie advocated for this as the formula for upward mobility. [43:09]

6. Government Shutdown Coverage (w/ Sen. Markwayne Mullin)

• [22:59–34:58] Sen. Mullin explains process and details of the then-ongoing government shutdown negotiations.

  • Procedural votes, timeline of reopening, and political dynamics (Democrats vs. Republicans, moderate vs. progressive wings).
  • ACA subsidies were a sticking point; Mullin and hosts frame Democrat negotiation as “all optics,” targeting elections not policy wins.
  • [31:21] Clip of Morning Joe: “They took crime off the front page…” — Example of media focusing on optics over substance.

• Mullin’s Dismissal of Democrat Rhetoric:

  • “Affordable health care is absolutely a joke… premiums are up 221%.” [28:25]
  • “It was all about politics for them. Republicans were trying to use policy… Democrats were all about politics.” [31:53]
  • “Nothing boils this down or distills the essence of what just happened more than that… it is all for optics.” — Andrew [33:54]
  • Senate Democrats fractured; Schumer described as weak, party leadership as threatened by progressives. [30:33]

Notable Quotes & Memorable Moments

• Charlie Kirk, on political radicalization and ownership:

  “If you have a generation that does not own stuff, then all of a sudden political radicalization starts to seep in… It’s no different than how people are living in apartments endlessly.” [08:27]

• Charlie Kirk, generational decline:

  “It’s the first time since George Washington that this generation has it worse off than their parents…” [09:22]

• Andrew Colvitt (on housing policies):

  “It does reek of debt slavery… If you have rented a property and every year the landlord increases your rent, then locking into a 50 year mortgage, if it’s fixed, at least you would have the stability…” [12:08]

• Blake Neff, on new mortgage products:

  “If it’s an option that is better than a 30-year for you, you should take it. But I don’t think we can say ... you won’t pay it off til you die and say that that is the ideal thing.” [08:00]

• Listener (Shelley):

  “My first home will be in my children’s names… The work I do at 44 is for them.” [39:10]

• Senator Mullin, on “Affordable Care”:

  “Affordable health care is absolutely a joke… up 221%.” [28:25]
  “It was all about politics for them. Republicans were trying to use policy… Democrats were all about politics.” [31:53]

• Andrew Colvitt, on the shutdown:

  "Nothing boils this down or distills the essence of what just happened more than that ... it is all for optics." [33:54]

Key Segment Timestamps

• [03:26] — Introduction of 50-year mortgage debate
• [05:11] — Financial breakdown of 30-year vs. 50-year mortgages
• [06:26–07:55] — Policy reactions, Bill Pulte statement, and “glass half full” read
• [08:27 and 09:22] — Charlie Kirk on ownership, radicalization, and generational decline
• [11:31–21:43+] — Listener emails, generational viewpoints, loan officer perspective
• [17:28] — Median homebuyer age trend
• [18:41] — Real home prices (historical chart and analysis)
• [19:47] — Risky lending practices returning
• [22:59] — Senator Mullin government shutdown explanation
• [30:33] — Democratic leadership/political infighting
• [31:21] — Optics of the shutdown (Morning Joe audio)
• [34:58–44:11] — Wrap-up, further listener emails, and reflection on generational values

Tone & Style Notes

• The tone is conversational, energetic, and opinionated—straddling serious policy analysis and culture war rhetoric. Both producers and Charlie’s past commentary frame issues through a distinctly conservative and populist lens, with frequent humor and occasional sarcasm.
• The show prioritizes honest audience feedback, integrates a significant degree of listener-generated content, and is mindful of both policy minutiae and big-picture cultural consequences.

Conclusion

This episode frames the 50-year mortgage proposal as both a desperate symptom and a partial remedy for America’s pervasive housing affordability crisis—one that doesn’t address the root causes (supply, institutional buying, immigration’s effects on demand, and inflation) and might trap future generations in unprecedented long-term debt. The broader housing debate, as Charlie Kirk’s original clips stress, is intertwined with political stability and generational well-being in America. Paired with a detailed review of ongoing government shutdown politics, the episode delivers a sweeping, multi-generational, and highly partisan breakdown of two crises that, in the hosts’ eyes, reflect deep structural problems—and the risk that real solutions will once again be left “off the table.”