4 ms·
The dose makes the poison. In Brazil, people started getting their _first_ mortgages. In the US, people had 5 or more at the height of the subprime boom. Only
by forinti 10y ago
The dose makes the poison.
In Brazil, people started getting their _first_ mortgages. In the US, people had 5 or more at the height of the subprime boom.
Only recently has credit for second mortgages been available in Brazil.
- marcosdumay 10y agoIn Brazil the best mortgages available have about 13% interest. It's basically impossible to reach the same debit level of the US, but consequences are much more severe.