America’s housing squeeze is crushing the American dream, but the Trump administration’s 50-year mortgage proposal doesn’t strike me as the solution. Nor is the siren song of the mayor-elect of New York City the answer, as citizens of the Big Apple will eventually learn the hard way.
Today, a starter home averages $420,000. At the current 6.3 percent interest rate, that’s $2,500 a month—out of reach when you’re already paying down $40,000 or more in student loans. Renting? It’s a dead end: no equity, no roots, no room for a family. And with birth rates at rock bottom, we’re all losing.
Housing isn’t just shelter—it’s a job engine and a family stimulus. Builders, plumbers, electricians: honest work AI can’t replace. We need thousands more starter homes, built fast and owned by the families who’ll raise the next generation.
Enter the Stigall Plan—a market-driven initiative using private investment and tax incentives to fund low-rate starter mortgages, consolidate student debt, and spur homeownership.
No new federal spending. No debt. Just successful Americans—those who’ve made it—reaching out to lift up the young renters next door. It’s not pity. It’s a partnership. It turns jealousy into pride, envy into teamwork, and divides generations into allies building something real together.
Here’s the simple deal:
Investors—the ones who’ve earned their success—put up the cash for a young buyer’s mortgage. Investors get:
• A rock-solid 3 percent annual return—$3,000 a year on every $100,000.
• Up to a $500,000 deduction from taxable income in Year 1.
• Another $250,000 deduction every five years if reinvesting.
• FHA insurance covering 85 percent of any loss.
That’s steady income, low risk, and a front-row seat to helping a family get ahead. No credit needed—just tax deductions that reward action.
Buyers—renters ready to own—get:
• Just 5 percent down.
• A 3 percent fixed rate for 30 years.
• Payments under $1,700 a month—$800 less than today.
• Up to $100,000 in student loans rolled into the mortgage.
• That student debt interest? Now tax-deductible, like home interest.
One payment. One path forward. No more “someday.”
The bigger win?
Every 100,000 homes built means 500,000 jobs—real work, real wages, real communities. Property taxes flow. Families grow. Young couples finally have space to start a family. Economists say every dollar invested here sparks $1.50 to $3.00 in growth.
This isn’t a handout. It’s a hand up—from one generation to the next. It’s unity economics.
The Stigall Plan costs Washington nothing. It runs on private capital, proven safeguards, and tax deductions that reward those who share their success.
When the successful invest in those who want to own their future, everyone wins.
Envy fades. Pride rises. Jobs and families multiply.
That’s not just smart—it’s how America stays strong: Putting America and Americans first, one home at a time.