They have collared loans there too, but I think the max is three years. I also think that most of them are going to be expiring in the next six months, so all those FOMO Covid homes bought are going to have some unhappy mortgage payers.

I don't know if it is easier, but you are definitely getting reamed. In Sweden, they have "100 year loans" that you can pass to your kids - and grandkids. Then you have more disposable income to spend on crap. Housing is very expensive there.

And now with interest rates skyrocketing, it is a double pay day for those banks.

As if the banks didn't know what was coming. Pump money into the economy at unprecedented amounts, it causes inflation. The response to inflation is increasing interest rates.

That is depressing, because here, financial literacy is very low indeed.

It was higher here, but it is falling fast in the younger generations.

and I'm also really glad that your stroke wasn't more serious. I don't think I ever formally said that; but it was always thought.

Cheers mate :)