Today is the last day of our holiday. I can now tackle red slopes and can make paralel turns when skiing!
Anyways, I read some really disturbing news about new mortgage laws in our beautiful country, The Netherlands. By law one could not borrow more money than a 30-year mortgage loan would allow. The sodding crazies that we elected have now thought of a brilliant new way to stimulate our current housing crisis…they will now allow people to take a 35-year mortgage!!! Guess who initiated the bill…that’s right…THE BANKS! People will never ever own their own homes this way…what a sad story this is indeed. Another added bonus is that the housing prices will remain sky-high which is another benefit for the banks, isn’t it? Greedy bastards.
I am just appalled by this decision. What do you think. Have the Dutch gone mad? What are things like in your country?