Authority showed that, at current pace of amortisation, it takes Swedish households 140 years on average to repay their home loans. Only 40% of borrowers with mortgages smaller than 75% of their property's value actually pay down their debt, according to the report.
(The Business Times, 12 Sep 2013.)
Wah! Like this also can?
If this were to be allowed in Singapore, property prices would shoot through the roof (and to the moon)......