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by current_thing 1455 days ago
Probably not fixed rate.

Every country hates on its poor in different ways: in the USA it’s the lack of healthcare, in the Uk the lack of long term fixed rate mortgages.

2 comments

The US also has a severe housing affordability crisis :-)
Looks like it’s going to tank…
Canada does not have long-term fixed rate mortgages either.
Nor does Australia, 5 years max usually and the interest rates are fairly punitive.