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Arpit Gupta suggested that originating mortgages without a prepayment option could help reduce one of the key drivers of today's high mortgage spreads.
Gupta argued that removing the prepayment feature from new mortgages would address a significant factor contributing to wider spreads in the current mortgage market.
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Gupta has previously proposed that a land value tax could help address Europe's debt problems. He has also questioned whether academic macroeconomics accurately reflects the full effects of rate hikes on demand and supply. These views highlight his focus on structural factors in economic policy.