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by yunohn 1799 days ago
> In many places your landlord owns more than half of your income

My understanding of rent in both Sweden and the Netherlands, is that of any EU capital: easily 30-50% of your monthly income goes to landlords.

Could you clarify your view on this?

1 comments

Meanwhile other markets were heavenly corrected around 2009-2015 after the housing crush Sweden came out quite unscratched. Low interest rates also have created an incentive to invest in housing for the average citizen. On the other side construction companies in Sweden are quite shy to build new housing as investment goes to other more profitable industries, Sweden is below EU average in construction. Finally Sweden population have grown more than the EU average.

So, the swedish housing availability is insufficient and prices reflect that. It is an imbalance that is difficult to solve short term. And probably also overpriced as the interest rates are low and predicted to be low.

I read your comment twice, but I still don’t see any agreement about the high rents going to landlords in Sweden. Perhaps you bought a house a while ago, and have been insulated from this crisis. Either way, you can’t deny reality…