News for hackers. Stuff that matters.
Re:Danes Get 20-Year 0% Mortgages by l33tbro on Tuesday January 05, 2021 @05:26PM (#25652056)
Switzerland also has the highest level of household debt (which includes mortgages) in the world. Lending volume and price usually have a fairly linear correlation.
Re:Danes Get 20-Year 0% Mortgages by hocuspocus on Tuesday January 05, 2021 @06:47PM (#25652936)
The volume tied to mortgages is high compared to other countries because you can essentially keep 2/3rd of the debt forever, and even more if you indirectly amortize through your pension fund.