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Danes With World-Beating Debt Loads Prepare To Dig Deeper

Danish households, which already have the world’s biggest debt load relative to incomes, are about to use a real estate recovery to go further into the red.

Five years after the country’s real-estate crash ripped through home equity and drove up the number of borrowers owing more than their properties are worth, homeowners are ready to take on bigger loans amid the first signs prices are rising, according to Nordea Bank AB, Scandinavia’s largest lender.