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of Irish households to sustain their mortgage repayments. We calculate mortgage repayment to income (MRTI) ratios for a … repayment of the mortgage according to the same ratio. Finally, the distributional implications for the MRTI of a significant …
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the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …
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