Denmark's Genius Housing Fix



Hacker News 1:15 pm on June 10, 2024


The Danish mortgage system offers stability by allowing borrowers to easily refinance, protected against rising interest rates. It's seen as efficient with consumer safeguards and lessen economic risks from lock-ins but requires significant reform for implementation in the US.

  • Stability through ease of refinancing
  • Protection against rising interest rates
  • Efficiency with consumer safeguards
  • Potential economic benefits but requiring substantial reforms for US adaptation

https://www.businessinsider.com/denmark-mortgage-rates-lock-in-effect-home-buying-selling-easier-2024-5

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