3 ms·

But you basically always do use your house as collateral on the mortgage loan. I think this is a more radical change than you have realized.

• saalweachter 5y ago
  You could pin it to when loans are issued rather than their existence. That would only affect home refinancing, which will still be a considerable number of people.
• lupire 5y ago
  That's different, because the house is collateral for itself, effectively a "rent to own", not for money that can be spent elsewhere.