3 ms·
increases mobility for home owners whilst everyone else is locked out of a rising market. I'm not convinced this is a good trade off.
by pharmakom 5y ago
increases mobility for home owners whilst everyone else is locked out of a rising market. I'm not convinced this is a good trade off.
- dionidium 5y agoThis has a lot more to do with zoning and urban planning that it does with the mortgage as a financial product. On the majority of lots in most cities it's very difficult (or illegal) to build new housing. That's a regulatory constraint that has nothing to do with how the house is financed.