"America Can Learn from Denmark's Home Buying Reforms"

The US housing market faces a "lock-in effect" where homeowners with low-rate 30-year fixed mortgages are reluctant to sell, limiting market fluidity. Denmark's mortgage system, which allows homeowners to profit from trading in low-rate mortgages for higher ones, avoids this issue. Adopting a similar system in the US could alleviate market stagnation but would require significant regulatory changes.