What Broke Sweden? Real Estate Bust Exposes Big Divide

Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tpmx on Saturday April 01, 2023 @08:50PM (#35405886)

> I'm in the highest percentiles of income in Sweden

Which one is it then? 80th? 90th? 99th?

> It's basically impossible for me to afford a house / apartment for my family in the best neighborhoods.

Which are the "best neighborhoods" in your mind? How many houses/apartments are there in those "best" neighborhoods? How strict are you?

Do you see why these numbers matter if you're trying to learn from this situation rather than just moan?

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Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by jdmoreira on Sunday April 02, 2023 @07:46AM (#35409548)

My income is higher than the average income in any post-code in Sweden (as far as I can tell).

So the problem is not "income". It's other sorts of privilegies I don't have.

For example "time in the real estate market pre 2010".

Income != Wealth

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Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by jdmoreira on Sunday April 02, 2023 @07:59AM (#35409645)

also the higher brackets of salary in Sweden are not even high for European standards. They are in fact quite low

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Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by ptr on Monday April 03, 2023 @03:23PM (#35429823)

As a software engineer (consultant/contractor), you can easily make 80k USD post tax in Sweden. That’s not too bad.

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Re:What Broke Sweden? Real Estate Bust Exposes Big Divide by tpmx on Monday April 03, 2023 @05:56PM (#35431854)

This is the way.

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