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Oct 25, 2011

Mortgage Debt-To-GDP Ratio

The Netherlands and Denmark had the highest Mortgage Debt-to-GDP ratio in the developed world in 2009 as you can see. Italy and Greece had the lowest ratio. In the Netherlands there is a big tax incentive to get debt by a mortgage. Besides that, it is also possible as one of the only countries in the world to get a mortgage loan of over 100% of the property value. These policies drove up the mortgage debt dramatically.

1 comment:

  1. To resolve financial issues people want to get mortgage loan. By essay writing services reviews 2018 ratio of mortgage loans are different in different countries. We can get details about ratio of some countries. People can get mortgage loan by following all policies.