The fact that the borrower can renegotiate lower only increases the premium char... | Hacker News

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		mortehu on Jan 22, 2022 \| parent \| context \| favorite \| on: Why Ireland's housing bubble burst The fact that the borrower can renegotiate lower only increases the premium charged for fixed rate loans. It's not free money or free insurance.

oblio on Jan 22, 2022 [–]

Yeah, but I imagine you know that thing about limited upside but potentially boundless downside?

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