5 ms·

In the Scandinavian countries (excluding Denmark which is more of an issue of limited land) 50 year mortgages are the norm and they have high rates of home owne

In the Scandinavian countries (excluding Denmark which is more of an issue of limited land) 50 year mortgages are the norm and they have high rates of home ownership.

refurb 4y ago
There is nothing wrong with 50 year mortgages, my point is just that it does nothing for affordability once the market reaches equilibrium.
yucky 4y ago
What is a normal downpayment percentage there?