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That has been going on for decades in the Netherlands, I bought a (newly built) home in 1996 when the country still used the Dutch Guilder and sold it for the s
by the_third_wave 4y ago
That has been going on for decades in the Netherlands, I bought a (newly built) home in 1996 when the country still used the Dutch Guilder and sold it for the same amount in €uros in 2002. One Euro translates to 2.21 Guilders, i.e. the house sold for more than double the price in 6 years time. For what I got for a relatively modest semidetached house on 220 m² of land in the Netherlands I could buy a 22 hectare farm in Sweden with money to spare. Ridiculous, that is what it is.
- anon4242 4y agoSweden is a pretty sparsely populated large country and there's quite a wide range of property prizes reflecting this. In denser areas the prizes are probably more akin to those in the Netherlands. Just took a quick look at hemnet.se and right now you could get a farm for anything between ~30,000€ to ~10,000,000€.
- Ekaros 4y agoAlso Sweden like Finland is quite long country. And when you go north the value of land really drops as productivity drops specially when you get to beyond artic circle.
- the_third_wave 4y agoThis is true but not relevant in this case given where I live, Västra Götaland in the west of the country. Farmland and productive forest come with a premium here.
- the_third_wave 4y agoSweden also has most of its population live below the Uppsala - Karlstad line, i.e. in the lower third of the country. Then there is the fact that good arable land and productive forest comes with a premium here. Our farm has both of that, lies between Vänern (the big lake) and Göteborg (the second biggest city in Sweden) in Västra Götaland, not somewhere out in Norrland. The fact stands that real estate in the Netherlands is vastly overvalued compared to most of Sweden - although prices in Stockholm and Göteborg and some other cities also have risen to questionable levels.