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In an in-depth interview, Professor Stijn Van Nieuwerburgh discusses Belgian real estate finance

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Excerpt from De Tijd -- "If you can borrow without your own contribution, house prices will rise. You ultimately borrow more with the same income, so homes are still unpredictable for this group. The same is true of the systematic extension of the duration of a Belgian mortgage loan: if the monthly repayment amount decreases, house prices rise. So people always have to borrow more."

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