[scandinavian]

https://i.imgur.com/2iCJllW.png

Here is the graph for multistorey apartment buildings. I'm not smart enough to interpret what this means. In the big city I live in in Denmark, most new apartment buildings are luxury apartments and expensive as hell, so I don't think they are a result of rising house prices.

[davidw]

In general, new construction is expensive, but if you cut off that supply, people with money just bid up prices on older housing.

Looks like the graph kicked up in response to something... that's good, I guess.