Comments by "daniel webb" (@danielwebb8402) on "Could Sweden's Housing Crisis Spread Across Europe?" video.

Exactly. Negative equity is only an issue if you bought in the previous 12-18 months and you HAVE to move house (and you borrowed a 95% mortgage)
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These companies aren't people. They are investing actual humans money. E.g. most people's pensions are in funds are invested with such companies.
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How many people do you think own second homes? 10%? And devastating tax results in.... less properties built and higher rents (as less supply). This has already been tried in the UK and has resulted in higher rents as houses leave the rental market.
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@mcstotti8691 My pension fund charges are nowhere near 1% p.a. If people had more really basic economic knowledge, rather than "big companies bad as make profit", maybe they'd earn more and have less envy and spite?
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Make them free then. Allocate a house to each person at birth. That obviously they can never leave. That wouldn't have any negatives. History has shown such systems always work.
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@Bigman Dogs Middle ground of supply and demand. Provide a basic safety net for those that can't afford it. But that be basic. Is what results in highest aggregate, median, bottom 10% living standards. History has shown.
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@Emanuel-jr2ii They don't. Other people's investment pots do. The advantage is that.... those properties exist. Less would be built if not.
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Not everything is "crash" and "crisis". House prices down to where were 2 years ago <> crash Real wages down 5% one year <> crisis Everyone always thinks their time and place is uniquely extreme. We aren't special. Grow a mental time frame longer than milk lasts in the fridge.
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@Fredrik Dunge If that is true then yes I do vastly under estimate it. Sweden is 2/3rds own their own home. So if 50% of those that own do own a second home that means 0% are owned by state / councils / housing associations / businesses. 0%
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@kreme pye Hope that's sarcasm. As we saw how that ended. "You have a competency of value. Unacceptable. You're banned. Oh s**t. We now can't afford or produce food."
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@mcstotti Yeah, but no. You think pension funds earn say 17% return, keep 9 give the investor 8? Not lion share. Just majority kept? What fees do you think your pension fund / share investments are charging you? Which financial world company do you work for? So I know to keep away.
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@Ghost Samaritan Europe was more even in 1900. Nearly everyone had bugger all. I'd rather be in the bottom 10% today than bottom 10% in 1900.
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No. It is humans. 90%++. It's just some of the public believe the fairytale that is big companies. As it makes their tummies feel warmer with spite.
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@Barb The Great Cash that was just sitting there? Or otherwise would earn returns on other investment/ today's higher interest rates. So the opportunity cost of Housing vs High interest rates Is the same as for an individual As it was last year Housing vs low interest rates Same for individuals The general understanding of the concept of return on capital is sad
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How are you "suffering"? You have miles higher standard of living that the generation before at your age. You just assume you are entitled to everything they had and give no credit for the things you do have they didn't.
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