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Sweden too. Not an expert either, but isn't the privatization of housing all over the industrialized world at the root of this, coupled with the currently ubiqu
by stareatgoats 6y ago
Sweden too. Not an expert either, but isn't the privatization of housing all over the industrialized world at the root of this, coupled with the currently ubiquitous need to crowd together in the cities? People have been able to buy properties in the city centers at fantasy prices, because of low interests and favorable mortgage arrangements and with the expectation that the prices will go on rising forever.
Which - spoiler ahead - they won't. Cities will within a decade or two have lost their luminosity, with the giant shift towards remote work that is about to take place, in parallel with the wiping out of brick-and-mortar businesses. Prices will reflect this, sooner or later.
- amelius 6y ago> Which - spoiler ahead - they won't. Cities will within a decade or two have lost their luminosity, with the giant shift towards remote work that is about to take place, in parallel with the wiping out of brick-and-mortar businesses. Prices will reflect this, sooner or later. That's the question as those in power wouldn't want to suffer the consequences.