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The question is, why would some countries have 30 yr fixed and wouldn't other countries have them?
by nine_zeros 4y ago
The question is, why would some countries have 30 yr fixed and wouldn't other countries have them?
- pixodaros 4y agoFor the same reason why two countries have any policy difference? Unless something is obviously a good idea for all parties, it will only be enacted after a political struggle. The outcomes of political struggles are not deterministic. Often one jurisdiction tries a new policy, others look at it and see problems, but the first jurisdiction never gets around to fixing it.