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This is a laughably biased article from my Swedish point-of-view. Really embarrassing from something like the BBC. They established that this is caused by rent
by cloudfifty 5y ago
This is a laughably biased article from my Swedish point-of-view. Really embarrassing from something like the BBC.
They established that this is caused by rent control by fails throughout the article to even mention that rent control was _of course_ accompanied by large scale involvement by the government in providing housing. That was however abolished in favour of market based construction.
This of course has made the price of housing - those you actually take a mortgage for - to sky rocket and building of rental apartments to crash. That end result is not surprising.
But this isn't that rent controls has failed per se, it's that the construction has moved to the marked with rent controls still in place. The best solution for the average Swede would be to have the government involved in building housing again, rather than to throw out the poor through market rents.