Re:Danes Get 20-Year 0% Mortgages
by tathougies on Tuesday January 05, 2021 @10:12PM
(#25654323)
I mean... I agree with you. I like Norway's model... Please don't be so confrontational.
Oh, it wasn't meant to be confrontational towards you. Sorry that that's how it came across. If it ended up sounding a bit harsh, my annoyance was directed towards the legal system.
It's just - I do have a bit of a problem with the underlying morality of this system, and our (Norway's) culture is so homogenous that few locals ever question these things. It's refreshing to share this on a forum where lots of people are curious and have an open mind.
It's not like this is a massive social problem. People who end up in this kind of misery still have a roof over their heads and get to eat and have good healthcare access. But they wouldn't really expect to ever get back on their feet status wise, and that's sad.
I don't know how our delinquency rates compare to the rest of the world, but there's quite a bit of it. My take is that these laws are due to somewhat unflattering protestant cultural heritage, rather than a deliberate decision to encourage financial responsibility. I struggle to see how the possibility of lifelong debt slavery is moral.