News for hackers. Stuff that matters.

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

Re:Rent control isn’t working in Sweden by amelius on Thursday August 26, 2021 @06:17PM (#28321695)
> Anything that significantly lowers the value of real estate will be political suicide.

What percentage of the population owns the house they live in (or has a mortgage)?

[ Parent | on HN ]
Re:Rent control isn’t working in Sweden by oolang on Thursday August 26, 2021 @07:51PM (#28322548) 

   39,8 % Single-family home
   20,7 % Co-op apartment
   = 60,5%

   28,4 % Rental apartment
Maybe more relevant is that because of this Sweden has very high household debt.

https://data.oecd.org/hha/household-debt.htm

[ Parent | on HN ]
Re:Rent control isn’t working in Sweden by TheSpiceIsLife on Thursday August 26, 2021 @06:42PM (#28321974)
That’s not how our modern democracies tend to work.

Rather, voters choose between one option, thinly veiled as two chooses, set by monied interests and corralled by media barons.

[ Parent | on HN ]