Sat, Oct 25, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Finance more

Denmark and USA housing bubbles’ have similarities

Posted on 16 April 2012

The main difference seem to be the real estate financing where Denmark HAD a stable financing of homes with fixed interest convertible annuities bonds.
These loans were originally granted without respect to the debtors ability and willingness to pay: I you defaulted – you were foreclosed and the property sold off at 80% (the limit a building society or mortgage bank was allowed to finance) of your original purchase price………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031