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A comment on Why the 2% Inflation Target? (2023). Parent comment

Re:Why the 2% Inflation Target? (2023) by koolba on Friday March 22, 2024 @07:54PM (#39796075)
> In most of the rest of the world, I'm told, mortgages are typically variable rate

They also tend to be shorter than the standardized USA 30-year fixed.

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Re:Why the 2% Inflation Target? (2023) by bbarnett on Saturday March 23, 2024 @01:42AM (#39797746)
Yes in Canada for example most people have 5 year renewals, which means a renegotiation, at that time, at existing rates.
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