Re:Rent control isn’t working in Sweden
by Leherenn on Thursday August 26, 2021 @11:10AM
(#28315938)
It is really the lack of investors that is causing the lack of supply? I was under the impression that it's mostly that building more is not allowed/very difficult (for various reasons), not that there is a lack of capital.
[ Parent
| on HN ]
Correct, in Stockholm for example, it is absolutely not as simple as “investors turn away”, far from it.
In fact, they did build housing. Luxury housing that doesn’t solve the problem at all. Student apartments that are so expensive to live in, you have to work a job while studying.
Re:Rent control isn’t working in Sweden
by KptMarchewa on Thursday August 26, 2021 @01:59PM
(#28318276)
If you build luxury housing, then people moving there should free up some space. Of course that does not happen, and they hoard properties because of lack of real property taxes in most places. Some are using them to fuck over new buyers, like California.