主题：【原创】《李锅36》穿回自己的鞋 -- 本嘉明

in North America long time ago.

Before 1930s, all mortgages were 5-year.

FDRoosevelt created the first 30-year FIXED reate mortgage EQUAL AMORTIZATION type.

Mortgages in Canada were most prolonged to 25 years. These days, 40 year mortgage is still available.

Mortgage insurance is also widely used in Canada and US.

Actually Ben did not introduce CMHC here--it will actually provide more stability to China's real estate market. hehe.

Deja vu...