Tyler and I have been promoting the Danish mortgage system for years. Recall that in the Danish system each mortgage is backed by a matching bond. As a consequence, mortgage holders have two ways to pay a mortgage: 1) hold the mortgage and pay the monthly payments or 2) buy the matching bond and, in […]
The Danish Mortgage System Avoids Lock-In
The Danish Mortgage System Avoids Lock-In
20 Jun 2024 Leave a comment
in applied price theory, financial economics, law and economics, property rights, urban economics Tags: Denmark
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