Re:Maybe Treating Housing as an Investment Was a Colossal Mi...
by quonn on Tuesday March 07, 2023 @02:49AM
(#35052711)
If you look between countries you would see that it‘s usually around 15-25%. So it‘s around 20%, almost everywhere.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi...
by Retric on Tuesday March 07, 2023 @09:22AM
(#35055632)
The global range is wider than that and reflects the reasonable range of this kind of regulation. If it’s say 75% then what’s the point of a loan? On the other hand if it’s 1% what’s the point of the regulation?
Regulators are basically picking a number between 3.5% to 35% and 20% is a nice round number in the middle of that range.