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Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by sgt on Saturday April 01, 2023 @05:08PM (#35404078)
Sweden is broken? That's news to me. Why isn't this in the media?
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tpmx on Saturday April 01, 2023 @05:32PM (#35404303)
Young people are upset they can't live centrally in the capital for cheap. Same story as everywhere else. Now go forth with the ritual flogging, er, downvoting.

(I live and work in the countryside of Sweden. I recommend it.)

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Saturday April 01, 2023 @05:57PM (#35404515)
Sure, but try dating and building social circles while living in rural areas as a single 20-30 something year old.

Of course young people want to live in dense walkable areas where it's easy to find other like minded people.

Isn't Swedish population also statistically one of the biggest sufferers of loneliness in the world and also one of the largest consumers of antidepressants? Or was that Finland? I'm not sure.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tpmx on Saturday April 01, 2023 @06:04PM (#35404588)
There are plenty of more affordable, densely walkable city areas in Sweden. Every single city in the country is built this way, from the smallest to the largest. That's not the factor.

> Isn't Swedish population also statistically one of the biggest sufferers of loneliness in the world and also one of the largest consumers of antidepressants?

No idea, but it sounds a bit like reverberations from Dwight D. Eisenhower's 1960 speech where he said that "sin, nudity, drunkenness and suicide" in Sweden were due to welfare policy excess, which then quite incorrectly caused americans to correlate Sweden with suicide and depression for many decades.

At the moment there are more suicides per capita in the US than in Sweden but we're relatively similar in this statistic.

https://ourworldindata.org/grapher/share-deaths-suicide?coun...

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tannhaeuser on Saturday April 01, 2023 @07:35PM (#35405339)
> all these people want to have a cheap apartment in the same 10 km^2 that's designated as the cool place.

Which, incidentally, is cool because not everyone's living there ;) Don't know about Stockholm, but I guess those places are the same 19th/early 20th century quarters like in every other European city build for renting out to an upward moving middle class and popular exactly because they're meeting the representative needs of their tenants then and now.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tpmx on Saturday April 01, 2023 @07:47PM (#35405442)
There's nothing special about the buildings - the same kind exist all over the country in large numbers.
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Sunday April 02, 2023 @01:55AM (#35407614)
It's not about the buildings themselves, it's about the neighborhood. As always in real estate it's location, location, location.
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by AdrianB1 on Saturday April 01, 2023 @07:11PM (#35405121)
I grew up in a village in the mountains where the closest neighbors were 500m away. At age 14, just before moving, I counted half a dozen attractive females of the same age (plus minus 1 year) in the village, that means 2-3 km away but still very much in reach on foot or by bicycle.

I have most of my extended family there and there was no problem dating, marrying and having long term relations. There is a small town 15 km away with cinema, a few restaurants, hospital, the school is in the every village and a high school is 6 km away (one in the town as well), so "country side" does not mean secluded. These days I am working from home partly from there in the summer, Gigabit Internet over Fiber is dirt cheap and reliable and even Amazon Germany delivers there, it takes a week but it works.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Sunday April 02, 2023 @07:49AM (#35409572)
>I grew up in a village in the mountains where the closest neighbors were 500m away. At age 14, just before moving, I counted half a dozen attractive females of the same age

You are completely moving the goalposts. Read my comment again please. I was talking about the dating market of twenty and thirty year olds, not that of school teenagers. How's the dating scene of single twenty to thirty year olds in your village?

All that demographic has moved to big cities to go to universities and become skilled professionals. What's left in villages is older people and children.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by badpun on Sunday April 02, 2023 @09:11AM (#35410141)
If the costs of living in large cities keep rising, maybe the young will learn that the "educated, big city living" will just be a trap and wasted years for a lot of them, and will decide to for a life in their local areas instead? There's plenty of Univerisities in small, local cities as well, so it doesn't mean being condemned to becoming a chimney sweep as well.
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Sunday April 02, 2023 @10:30AM (#35410844)
That's very true but there are two problems:

1. Most young aren't so lucky to be born in a small developed city with good universities, jobs and high quality of life, so they can stick around their families, which is why they leave.

2. For your idea to work we need to have companies also creating jobs in smaller cities, but the reverse is happening: most companies now exclusively move to the biggest cities where the larges worker pools already are (Berlin, London, Amsterdam, etc) creating a snowball effect. Small cities also have jobs, but they tend to be terrible, body-shop style that suck to work for.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by badpun on Sunday April 02, 2023 @11:00AM (#35411181)
> 1. Most young aren't so lucky to be born in a small developed city with good universities, jobs and high quality of life, so they can stick around their families, which is why they leave. Look at most of Southern and Eastern Europe.

I'm from Poland. In here, no matter where you're born, there's a city with an University within 100 km from you (and usually, it's much closer). A lot of those cities are smaller, affordable cities, with rents half that of Warsaw.

> 2. For your idea to work we need to have companies also creating jobs in smaller cities, but the reverse is happening: most companies now exclusively move to the biggest cities where the larges worker pools already are (Berlin, London, Amsterdam, etc) creating a snowball effect. Small cities also have jobs, but they tend to be terrible, body-shop style that suck to work for.

It's true if you're in tech or other highly advanced field, which tends to cluster workers in a few cities. However, most people don't work in such fields, so it's not a problem for them. I mean, if you want to work in tourism, or real estate or food production/processing, or medicine or law or architecture or countless other fields, the non-tier 1 cities have plenty of opportunities.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Sunday April 02, 2023 @11:08AM (#35411310)
Maybe Poland is just one of the exceptions of doing things right. This is definitely not the case in most of Romania, and even Greece and Portugal from what I've heard. Sure you can work in tourism, but tourism wages pay complete dogshit unless you own the business.

Sure, not everyone does tech jobs, but here in Romania, the young here mostly want white collar jobs which automatically means moving to the 5 rich developed big cities of the country as those have corporate jobs with good benefits, good universities and also good schools and good healthcare facilities and good-ish infrastructure.

Living in smaller cities is pretty bad as your salaries would be much lower than the big cities but your rent not that much lower. And also now the schools suck and so do the hospitals due to the best teachers and doctors mostly wanting to live in the richer developed big cities, so having a family there is mostly out of the question.

So moving to a big city is a no brainer for the young. Almost nobody being born in a small cities will stay there as an adult. The entire country is being depopulated and either moving to western Europe or crowding in the same 5 big cities with jobs, universities, good-ish schools and good-ish infrastructure.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by AdrianB1 on Sunday April 02, 2023 @09:00PM (#35417242)
My cousin moved to Cluj (200 km away) for college, then came back and opened a small business; he has more work than qualified workers, but he is getting better with that. In the past 5 years he had 2 girlfriends and now a wife, all with college degrees and all willing to relocate. It is very true some young people are still emigrating, mostly the ones with no useful skills, doing cheap jobs in the Netherlands or Germany, but for the ones that want to stay there are opportunities even in many small cities or even villages.
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by rejectfinite on Saturday April 01, 2023 @05:25PM (#35404238)
Housing is yea.
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ChuckNorris89 on Saturday April 01, 2023 @05:11PM (#35404097)
>Why isn't this in the media?

Not Swedish but I assume the ones who run the real estate interest groups are also hand in hand with those who own mainstream media so they have no interest to dig up dirt on them and will turn a blind eye.

I assume Germans initially also asked themselves why isn't the Wirecard fraud in the local media and only reports on it come from the US.

Influential people in a country tend to scratch each other's backs.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by maximilianroos on Saturday April 01, 2023 @05:47PM (#35404425)
> Why isn't this in the media?

Like on bloomberg.com?

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by imwithstoopid on Saturday April 01, 2023 @07:55PM (#35405509)
American MSM believes Japan, Norway, Germany and Sweden are utopias
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by smnrchrds on Saturday April 01, 2023 @09:24PM (#35406119)
Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by refurb on Saturday April 01, 2023 @10:25PM (#35406514)
The bigger questions for you should be - "what else is the media not covering" and "why is the media covering what they do"?

Think hard about those questions next time you read a news article.

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by refurb on Saturday April 01, 2023 @10:28PM (#35406532)
Did you know about the 100+ grenade attacks in Sweden over a period of 6 years?

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

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by mclightning on Sunday April 02, 2023 @04:42AM (#35408462)
There is definitely some opinion-making happening by news agencies, to crash the housing market.