Really interesting. Is it because people sell the property and get a new mortgag... | Hacker News

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helij on May 25, 2023 | parent | context | favorite | on: Germany Falls into Recession

Really interesting. Is it because people sell the property and get a new mortgage for a new place or they outright pay it off after 11 years?

quickthrowman on May 25, 2023 [–]

It is the former, very few people are paying off their entire mortgage in 11 years.

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