The Shock of Sweden's Housing Market Is Hitting the Country's Currency

Re:The Shock of Sweden's Housing Market Is Hitting the Count... by expertentipp on Wednesday November 15, 2017 @09:25AM (#15703891)

> A "strong" housing market seems to indicate that there are no productive places for investing and no wage growth so people need to gamble on houses to rise instead.

You've just summarized the situation in Prague, Czech Republic.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by paganel on Wednesday November 15, 2017 @02:17PM (#15706866)

Same in Romania. For the first time in my life (I’m 37 now) I heard a couple of acquantainces saying something like “We’re 20,000 Euros reacher now compared to last November, our apparment is now worth 90,000 euros compared to 70,000 euros last November”. This discussion happened this summer, since then I’ve heard at least a couple other different couples saying pretty much the same thing (only the sums were different). Never mind they their investments are a hell of a inliquid ones and that the banking rules can change anytime, just like that (like it happened after 2008), which would send the real estate market collapsing.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by bobowzki on Wednesday November 15, 2017 @03:11PM (#15707324)

I hear this almost everyday in Sweden.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by jankotek on Wednesday November 15, 2017 @09:40AM (#15704006)

Prague has problem with supply, new flats are build slowly.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by contingencies on Wednesday November 15, 2017 @02:13PM (#15706830)

Same in China.

Same in Australia.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by marvin on Wednesday November 15, 2017 @03:21PM (#15707387)

Same in Norway.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by expertentipp on Wednesday November 15, 2017 @03:34PM (#15707481)

boooom?

https://www.youtube.com/watch?v=TpCb3xjh-Kk#t=04m05s

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by Yizahi on Wednesday November 15, 2017 @09:42AM (#15704029)

Same in Ukraine

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by novalis78 on Wednesday November 15, 2017 @09:27PM (#15709857)

Same in Munich... QE money looking for a 'tangible' home

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