Re:Danish bank launches negative interest rate mortgage
by gridlockd on Wednesday August 14, 2019 @05:06PM
(#20699952)
> low inflation and red-hot housing market.
The more reasonable way to look at it is that it is high inflation and a weak housing market. If the housing market was so hot, why would interest have to drop below zero?
Rather, houses are extremely expensive because money for houses (i.e. mortgages) is extremely cheap.
The more reasonable way to look at it is that it is high inflation and a weak housing market. If the housing market was so hot, why would interest have to drop below zero?
Rather, houses are extremely expensive because money for houses (i.e. mortgages) is extremely cheap.