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Switzerland also has the highest level of household debt (which includes mortgages) in the world. Lending volume and price usually have a fairly linear correla
by l33tbro 6y ago
Switzerland also has the highest level of household debt (which includes mortgages) in the world. Lending volume and price usually have a fairly linear correlation.
- hocuspocus 6y agoThe volume tied to mortgages is high compared to other countries because you can essentially keep 2/3rd of the debt forever, and even more if you indirectly amortize through your pension fund.