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A modern day utopia, it offered Californian families affordable housing – war veterans qualified for loans with no down payment and mortgages with low interest rates – and the promise of a good life.
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And yet New Zealanders living in Scandinavia say it’s far from the utopia it’s often cracked up to be. in central Copenhagen after two years in the city and says "cheap" mortgage repayments have.
But his vision for a socialist utopia flies in the face of reason – and the. their parents pay higher interest rates for college than they pay for car loans or housing mortgages,” he tweeted.