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by hoaw
2707 days ago
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You are probably thinking of Sweden. I have heard it is actually more now, like 200 years (the article says 140 years). Maybe even excluding the mortgage of the co-op. People are essentially renting from the banks, without any means to default. Apparently they have capped it at 105 years now for new mortgages. (People were actually a bit upset). https://www.telegraph.co.uk/personal-banking/mortgages/swede... |
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