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A comment on Owning nothing is now a luxury, thanks to a number of subscription startups. Parent comment

Re:Owning nothing is now a luxury, thanks to a number of sub... by Bombthecat on Tuesday June 11, 2019 @03:57AM (#20153659)
I doubt that the house would be 4 million. Thanks to reducing population, increased building and housing. Plus who knows how the weather will be, I'm not sure that owning a house is the right thing in 20 years.
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Re:Owning nothing is now a luxury, thanks to a number of sub... by scirocco on Tuesday June 11, 2019 @04:25AM (#20153751)
"Buy land, they're not making it anymore"

- Mark Twain

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Re:Owning nothing is now a luxury, thanks to a number of sub... by mapleoin on Tuesday June 11, 2019 @05:10AM (#20153894)
The problem is we've started deleting it now.

https://en.wikipedia.org/wiki/Sea_level_rise

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Re:Owning nothing is now a luxury, thanks to a number of sub... by Aeolun on Tuesday June 11, 2019 @06:56AM (#20154333)
This is perfect. It’ll make my land worth that much more!

Just have to be careful to only buy land 2.4m above sea level.

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Re:Owning nothing is now a luxury, thanks to a number of sub... by jpindar on Tuesday June 11, 2019 @02:10PM (#20157967)
If you choose the right spot, it'll become oceanfront property!
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Re:Owning nothing is now a luxury, thanks to a number of sub... by chrisco255 on Tuesday June 11, 2019 @09:12AM (#20155062)
Yeah hope you plan to hold for 100 years.
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Re:Owning nothing is now a luxury, thanks to a number of sub... by openoi on Tuesday June 11, 2019 @11:03AM (#20156030)
Humans build houses with their children and grandchildren in mind. Holding to land for 100 years and longer is not that an uncommon thing.
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Re:Owning nothing is now a luxury, thanks to a number of sub... by HeyLaughingBoy on Tuesday June 11, 2019 @12:49PM (#20157151)
Not in the US!
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Re:Owning nothing is now a luxury, thanks to a number of sub... by ahje on Tuesday June 11, 2019 @05:08AM (#20153890)
When I lived on Amager about six years ago, the prices were definitely around the 3-4 million mark in the suburbs. Prices fell somewhat once you got out of Copenhagen, but it was still ludicrously expensive.

Are you saying the prices droppped sharply the last 5-6 years?

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Re:Owning nothing is now a luxury, thanks to a number of sub... by jaabe on Tuesday June 11, 2019 @07:06AM (#20154374)
No.

But I probably should have been more clear. I mean, first of all, there are more cities than Copenhagen. I have a 3 room 92m^2 apartment that is 15 minute walking distance from Aarhus H that cost us 2.2 million. Secondly, I’d personally call a place like Valby “downtown” Copenhagen even though it would probably be more correct to label it surburbia like you do.

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Re:Owning nothing is now a luxury, thanks to a number of sub... by ahje on Tuesday June 11, 2019 @09:35AM (#20155225)
I wouldn't call Valby suburbia, although it'd definitely a suburb. The real Copenhagen suburbian hell start out at Kastrup, Glostrup, Ballerup, Lyngby and thereabouts.

Of course, there are other Danish cities than Copenhagen, and prices do vary. The parent comment I replied to simply stated that there are no 4M DKK houses, which simply isn't true.

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Re:Owning nothing is now a luxury, thanks to a number of sub... by oblio on Tuesday June 11, 2019 @09:27AM (#20155168)
Denmark's population went up by more than 15% in the past 30 years, FYI :)
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