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Booming Danish housing market raises concerns over credit risks
Published Fri, May 28, 2021 · 05:50 AM
Copenhagen
A BOOMING Danish housing market is raising concern about bank credit risks linked to mortgage loans, and lending rules might need to be tightened, the central bank said on Thursday.
Danish homeowners are among the most indebted in the world relative to their income, which combined with rapidly rising house prices over the past year could make banks vulnerable if house prices fall.
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