Not surprised at all tbh because you don’t have a competitive housing market due to lack of housing.
red-at-night on
Could it be due to a lack of faith in future income? Our employment situation is, in lack of a more appropriate term, shit. Who knows where it’ll go from here.
I have absolutely zero debt, but if I felt totally sure that that an income of *X* € a month was to be expected for the next 20 or so years, I would also dare to take on debt to buy a home.
Zonesy on
True in a way, as Swedes and Norwegians get 50 year loans for their houses that they never even pay back in full.
In Finland we get 25-30 years and getting a loan is a pain.
3 Comments
Not surprised at all tbh because you don’t have a competitive housing market due to lack of housing.
Could it be due to a lack of faith in future income? Our employment situation is, in lack of a more appropriate term, shit. Who knows where it’ll go from here.
I have absolutely zero debt, but if I felt totally sure that that an income of *X* € a month was to be expected for the next 20 or so years, I would also dare to take on debt to buy a home.
True in a way, as Swedes and Norwegians get 50 year loans for their houses that they never even pay back in full.
In Finland we get 25-30 years and getting a loan is a pain.