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how does that work? does the bank pay them for taking their money?
by rosege 8y ago
how does that work? does the bank pay them for taking their money?
- mrweasel 8y agoThe amount is very low, and I'm sure there are fees that will eat any "profit". It's important to understand the it's not the bank that lend you the money to buy your house, at least not directly. You home is financed by bonds, issued by a sort of credit union. Investors then buy those bonds, pensions funds for instance. The Danish housing marked is extremely stable, so it's a safe place to put your money. So some investors will be willing to take a small lose on buying bonds in homes, in return for safety.