3 ms·

Terrible example, Stockholm has one of the most dysfunctional rental markets on Earth. In some parts of the city the wait time is closer to 20 years, and then

Terrible example, Stockholm has one of the most dysfunctional rental markets on Earth. In some parts of the city the wait time is closer to 20 years, and then you are essentially stuck on the scheme which can be wiped away with the stroke of a pen at any time. All these people currently on rent control now sublet out for market rates and essentially have free government mandated incomes for being a rent-seeker It's stifled all new property development and made housing some of the most affordable on Earth apart from a select few who are the minority. Anyone with half a clue would not be waiting for a rent-controlled unit, it's a trap laced with uncertainty. Rent control has already brought down one government. https://www.reuters.com/article/sweden-housing-idUSL5N2O51RM https://www.reuters.com/article/sweden-housing-idUSL5N2O51RM

jamesblonde 4y ago
Like i said, it favors insiders not outsiders. I come from the anglo saxon perspective, so I can see the huge advantages for 100s of thousands of people in the city that are insiders and can have great quality of life. If you remove the system, you have a grotesque transfer of wealth from workers to a rent-seeker class. Like 30% of people's disposable incomes, based on how it is in other countries. There are also lots of fallacies above in your response. 1. you do not have to live in the nicest part of the city - you have no right, so the 20 year wait is for entitled people. 2. you are not allowed to sublet at market rates - you can be brought to "court" (ockerhyra) 3. the decision to make or not make more houses is a govt decision, it is not the fault of the housing cooperative or the system.