5 ms·

So how is there housing for people to rent? Does the government build and maintain all rental property?

• gerikson 5y ago
  No, there are private and council-owned landlords.
  • mrep 5y ago
    Can you explain more? That still sounds like you are able to "make money by buying a few flats and renting them out" but with extra steps.
    • dagw 5y ago
      No, the landlords in these cases own the whole building, not just a few flats. If you own the whole building then you can of course rent out the flats in that building. But if you just own a couple of flats in the building, then you generally cannot easily rent them out.
    • gerikson 5y ago
      Expanding on 'dawg, it's generally only profitable to rent if you're a company devoted only to renting, and the regulatory regime punishes the landlord with only a few units. This is because rents are not market-based, but instead are based on "use value" (bruksvärde). A 19th C apartment in the middle of the city can theoretically be worth "less" from a rental perspective than a newly built apartment in the suburbs. Any annual rent increases are set via a form of collective bargaining, and if a landlord charges more, the renter is entitled to their money back. The upshot of this is that it's much more profitable to buy a rental building and flip it to the renters via a bostadsrättsförening (a bit like a condo) or to only build to sell.
• alexanderchr 5y ago
  You’d usually rent from someone owning an entire building. Usually a company but sometimes an individual.