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The country that didn’t learn from the recession

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Mortgage Professional America | 26 Aug 2015, 06:30 AM Agree 0
It seems not every country has learned the lesson provided by the United States during the economic crisis, with the Netherlands still offering zero-down mortgages
  • Frank | | 26 Aug 2015, 10:05 AM Agree 0
    "Lessons provided by the United States" ??? Which country has the largest debt of the world ? Which country has a the largest budget deficit and does nothing to reduce it ? Which country is repeating the mistakes of the past (car mortgages today are the new sub prime mortgages).
  • Joop | | 26 Aug 2015, 01:29 PM Agree 0
    Knot used other words. You can not compare the American mortgages with the Dutch.
    In the USA you can give your house back to the bank and go away without paying ever more.
    In The Netherlands you always have tot pay every euro back, with interest.
    This is a huge difference. And there are more.

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