Restricting mortgage credit based on income thresholds has no impact on defaults in Mexico
The article looks at how mortgage rules in Mexico affect how people pay back their loans. They found that setting income limits for loans doesn't really change how many people can't pay back their mortgages. This means that banks could maybe give out more loans without more people not being able to pay them back. They also found that how much money you borrow compared to the value of the house when you first get the loan can affect if you'll have trouble paying it back later on.