Hacker News new | ask | show | jobs
by occz 1494 days ago
Truly worrisome to see Sweden at the top, but definitely not surprising.
2 comments

Yeah. Over here in Finland plenty of people look at images like this https://nordregio.org/wp-content/uploads/2020/02/0376_Nordic... with great jealosy, but perhaps some amount of financial conservatism isn't such a bad thing always.

Only time will tell, of course. Sweden's model has worked pretty damned well so far and this threat has been visible for a long time.

Very interesting, thank you for sharing. Sweden, Norway, Denmark and Iceland have seemingly all chosen the same path, will Finland has remained conservative. The future will tell what was the best policy.
Not surprising indeed. This has been a long time coming. A lot of families max leveraged themselves to be able to buy. I feel sorry for the people that will end up in a bad situation but I've been waiting for a long time to make my move, we will see how it plays out.
Supply is still lower than demand, I don't see why that would suddenly change. (Still renting after looking for a house for years, while watching houses getting more expensive by the month)
When people can't afford paying the interest of their 10 million sek house loan, supply and demand matters very little.

It all depends on how high interest rates go.