New Zealand passes solar tipping point (opens in new tab)

(rnz.co.nz)

4 pointsbillybuckwheat5d ago1 comments

1 comments

"only about 20 percent of households had access to green loans from banks to do so, because they often require sufficient equity in a house and for the homeowner to have an active mortgage."

I get the equity requirement. But why an active mortgage?

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1 comments

JumpCrisscross5d ago

"only about 20 percent of households had access to green loans from banks to do so, because they often require sufficient equity in a house and for the homeowner to have an active mortgage."

I get the equity requirement. But why an active mortgage?

j / k navigate · click thread line to collapse