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Yes, however it's very difficult unless you have strong banking relationships in eg Denmark. Having a lot of money usually helps. I've routinely run across stor
by adventured 7y ago
Yes, however it's very difficult unless you have strong banking relationships in eg Denmark. Having a lot of money usually helps. I've routinely run across stories about prominent financial industry people that get mortgages in currencies they believe will drop in value. If you have the connections and financial heft to make it worth their time, you can get international loans. It's nearly impossible for an average person.
For example:
"Kyle Bass Is So Bearish On Japan, He Financed His Home In Yen"
"The Dallas hedge fund manager (no relation to the famous Bass family of Fort Worth) is so convinced the Japanese government's profligate spending will drive the nation to the brink of default that he financed his home with a five-year loan denominated in yen, which he hopes will be cheaper to pay back than dollars."
This bet may have paid off. The Yen/USD went from 80-90 to 1 in 2010, to 122 to 1 by mid 2015 with the Japanese move to debase.
https://www.businessinsider.com/kyle-bass-is-so-bearish-on-japan-he-financed-his-home-in-yen-2010-1 https://www.businessinsider.com/kyle-bass-is-so-bearish-on-j...