Episode Description: The mortgage is not only one of the most important and largest loans most of us will take in our lifetime - it is also a vital tool for managing economic life in a modern state. In this episode we will discover the winding history of the mortgage: Why is the Land Management Department in the State of Israel named after an Ottoman bureaucratic institution that is over one hundred and fifty years old? Why does the Bank of Israel limit the amount of the mortgage to a certain percentage of the property value - and what is the connection between this limitation and the subprime crisis of 2008?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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