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A comment on Rent control isn’t working in Sweden. Parent comment

Re:Rent control isn’t working in Sweden by ecmascript on Thursday August 26, 2021 @04:23PM (#28320168)
ETC is a leftist media organisation so that they would promote rent control is a given. I wouldn't trust what they have to say about the matter. Do you know why no one builds new renting apartments in Sweden? It is because you cannot make a profit on them. You can instead build BRFs and make a lot of money. So everyone is doing that. They maximize the loans of the new BRF so they have to spend as little as possible of their own money.

Six to seven years is nothing compared to Sweden where you can have queues about 20-30 years easily for the big cities. My GF have 12 years in the queue and she can get a decent apartment in the outskirts of Stockholm but that is about it.

There are special housing for elderly, which is a bit shorter in the queues but still very long.

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Re:Rent control isn’t working in Sweden by bjourne on Thursday August 26, 2021 @08:33PM (#28322900)
That's a rubbish objection. Attack the message - not the messenger. I cited the paper so that you can verify that the figures I provided are correct. Furthermore, new rental apartments already are excluded from rent control so rent control can't be the reason so few apartments of any type is being built. 20-30 years is for the most desirable areas of Stockholm (Gamla stan) and is not the median queuing time.
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