Kind of, sure, but we don't have those outside the US, here no bank's insane enough to bet on current interest rates staying profitable for three decades. Best you can get is 25 at a heavy premium but most people go for 10-15.
The details don't matter though, inflation and bank cartellization via central bank in addition to artificial scarcity brought about by zoning and other regulations, as well as confiscatory income tax make it damn near impossible to buy a house for anyone not starting out with massive inheritance.
Still cheaper than renting for 50-70 years though, especially since the public retirement system (equivalent to US social security) us workers are currently paying into won't be paying out anything to speak of once I'm old, it barely us now 😄
