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The misery of trying to find apartment in sweden

But everybody seems happy.

pepitoAndalucia
post 17.Jan.2019, 06:18 PM
Post #226
Joined: 3.Jun.2018

https://www.buildingsweden.com/the-swedish-...f-of-the-demand

QUOTE
“The Swedish construction industry isn’t even meeting half of the demand”


QUOTE
A current dip in construction rates has only served to exacerbate Sweden’s acute housing shortage, especially amongst youths. According to the Swedish Construction Federations own predictions the current rate of construction has decreased by 33% between 2017 and 2019, a trend that goes completely against what the market is asking for.
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djmarko
post 19.Jan.2019, 10:07 AM
Post #227
Location: Stockholm
Joined: 18.Jan.2007

There are 1000s of apartments in Hemnet to buy, if you have the means, you can surely get one, rental? non existent, never! even if you have a good income, not a chance, only alternative is to buy
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pepitoAndalucia
post 3.Feb.2019, 05:15 PM
Post #228
Joined: 3.Jun.2018

QUOTE (djmarko @ 19.Jan.2019, 11:07 AM) *
There are 1000s of apartments in Hemnet to buy, if you have the means, you can surely get one, rental? non existent, never! even if you have a good income, not a chance, only alternative is to buy



That's the trap about sweden.
In most countries people have the option to rent but sweden keeps it quiet. They know they crash those who cannot afford to buy or don't want to buy.
That's what the queues to find rentals are for, that's what the second hand rental market is for. It's all designed in such a way to get your money and kick you out if you don't play by their strict rules.

Then swedes act like if nothing was happening.
I would like to see actual figures of immigrants who actually manage to stay in sweden for more than 3 years. I cannot imagine sweden is an easy country for an immigrant.
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pepitoAndalucia
post 3.Feb.2019, 05:58 PM
Post #229
Joined: 3.Jun.2018

https://www.svd.se/nytt-rekord-636000-i-bos...sko-i-stockholm

"The housing queue in Stockholm sets a new record. The number of queues increased in the past year to 636,000 - at the same time as Bostadsförmedlingen mediated only 7,900 ordinary rented apartments that were not earmarked. But many of them went to internal queues."

"he queuing time has become one quarter longer since last year. 2017, it took 11.0 years to get a regular "used" rental right through Bostadsförmedlingen in Stockholm, but in 2018 it increased the queue time to 11.3 years."

Note that 250,000 people queue in gothenburg and almost 125,000 in Malmö and the problem even persists in in towns with 90,000 people with queues of 4 years.
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cootje1976
post 4.Feb.2019, 10:11 AM
Post #230
Location: Uppsala county
Joined: 3.May.2012

QUOTE (pepitoAndalucia @ 3.Feb.2019, 05:15 PM) *
That's the trap about sweden.In most countries people have the option to rent but sweden keeps it quiet. They know they crash those who cannot afford to buy or don't w ... (show full quote)



We have been living here for more than 6 years now. In the beginning in a rental villa (was more like a holiday thingy ) for about 2 years, and then we decided to buy a house, because the lessor wanted a higher increase in rent. We were first @9000 SEK and then they bumped it to 15000 SEK.
Now since we hate the city (any city for that matter) and love outside life we decided to buy a house about 90 KM away from Stockholm in Uppsala county. Basically between Uppsala and Hallstavik. Awesome living, love the quietness, and the forest walks are epic, plus our dog loves it.

Now we are lucky that we found the house, we went from a 62m3 Villa to a 200m3 Villa, with a 3100m3 lot, for UNDER a million, Older but in very good condition, the previous owner was not able to do the upkeep anymore; minimal work had to be done.

The crunch is more in the cities, but if you are willing to venture outside of the cities, and you have a means of transport of your own, I would recommend it. Travel time is about an hour, to work (we are working in Stockholm).

Now the crunch here is partially artificial; I work with so many people who do have 2 apartments in the Stockholm area, or people who do own an apartment only for speculative reasons…. Hence there is a shortage. The Shortage was good for a whole lot of people, because they have been making a lot of money on the overpriced property in the Stockholm area. Thing is that now it will be a bit harder since there are a couple of things happening that will have a knock-on effect on the price:

1: The low interest rates were due to the fact that the overall economy in Europe was in a slump, and therefore to prop up the economy, they did lower the interest rates significantly, leading to more purchasing power. Take not that a bad economy translates to lower interest rates, and a good economy to higher interest rates.
Now what is happening is that in retrospect, the housing prices and the associated boom, have been related to the low interest rates, the market speculation, and the lax intervention of the Swedish Riksbank, that was politically fuelled, since no one wanted to have rules to govern the rise of the property prices.

2: The Swedes (and the Nordic countries overall) have a very high debt ratio. I mean like stunningly high. Same goes for housing; some people are actually in apartments/ houses that technically it makes no sense for them to be in. But the issue is now that most people were only paying the interest on their houses/ apartments, and are at risk of never owning their property, and that at some moment, due to regulations and changes in current legislation, those properties will be offloaded to the market because people might not be able to afford it anymore. That is when the bubble will burst.

3: Now a lot of Swedes might tell you that there is no bubble, or believe that the market will correct itself. Take note that Lehman, Bear Sterns, Fanny Mae, and Freddy Mac, all large investment firms and banks, were stating the same on higher and lower notes at the beginning of the crises in 2007 (I was in the thick of it at the AMN-AMRO at the time!). “There is no bubble” …. We know exactly what happened.
Swedes and the Nordics in general are always keen to point out that the causes were not the same for that bubble, but in essence it is always spurred due to overinflated prices, interest only mortgages, and a stretched economy. There is a reason why even the scholars here do think that a median increase in the household expenses to 3500SEK could cause a lot of homeowners to bail….

My advise: look for a rental outside of city, or try to find a smaller house around that area to buy. Sometimes they have bargains out there since everyone flocks to the city, leading to higher prices and difficulties in finding a place. I tend to avoid apartments here, because you’d never ‘own’ your apartment; you’ll need a mortgage, and you need to additionally pay for the ‘privilege’ to be able to live in the apartment; so mortgage payment plus bostadstadsrätt.
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pepitoAndalucia
post 4.Feb.2019, 09:07 PM
Post #231
Joined: 3.Jun.2018

The problem is most rentals are second hand and therefore are meant to be short term. So it's the same situation even if I leave the major cities.

I think the whole problem is artificially created and it's good to keep people out of the country. As you said most of the country is empty with the three major cities with some population but they are not the biggest cities in Europe either.

This is all done on purpose. Swedes know how to look the other way because they don't like foreigners and they know that by keeping this rental market a lot of people will have to leave.

So this is a country that calls itself humanitarian superpower but they use rental market as a way to keep people out of sweden.

Let's be honest this country is almost empty. This rental nonsense shouldn't exist. But everytime I ask a swede they smile but they don't give me an answer... Weird maybe they are all in.
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skogsbo
post 5.Feb.2019, 06:50 AM
Post #232
Joined: 20.Sep.2011

Pep,
Are you still homeless?
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Gamla Hälsingebock
post 5.Feb.2019, 06:14 PM
Post #233
Joined: 21.Dec.2006

Can you tell us how many people left Sweden because they could not find a place to live???

If you found a place, why couldn't they???
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pepitoAndalucia
post 13.Feb.2019, 05:54 PM
Post #234
Joined: 3.Jun.2018

https://www.svensktnaringsliv.se/fragor/kom...gar_729938.html

"The housing shortage stops key recruitments
Companies scream for labor, but the labor force cannot afford to move where the jobs exist. This can lead to unimaginable consequences for the business community and much depends on a poorly functioning housing market. But how do you deal with the problems? This is the starting point of the Confederation of Swedish Enterprise's new report "Labor without housing".

"The poorly functioning housing market is a ticking bomb for both the business sector and for young people on the way out to the labor market. The report "Workforce without housing" included in the series "A challenged Sweden" wants to draw attention to the need for structural reforms that are needed to deal with the major problems that exist in the poorly functioning housing market and how it affects the companies' need for supply of skills. And not least - for young people's opportunity to become professionals and create their own lives.

The image that appears is gloomy. Particularly clear is the problem for younger adults and their ability to move to the regions where the jobs are located. On the one hand, they have more difficulty moving from home than before - according to the Tenant Association's survey, 260,000 young adults aged 20-27 still live at home. Secondly, the young people have more difficulty moving from their place of study to the place of work."


So sweden wants such a closed system that even companies will eventually leave since they cannot find the labor they need.

Now only sweden is expensive but they lack of the housing infrastructure to propel the economy forward and compete with other countries that can offer a better and more flexible system.

This obsession with keeping sweden protected will make sweden lose it all.

Because let's be honest it's all planned but their plan is getting out of control. ;-)
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pepitoAndalucia
post 24.Feb.2019, 04:36 PM
Post #235
Joined: 3.Jun.2018

https://www.svt.se/nyheter/inrikes/efter-35...ne-fatt-ett-hem

"After 35 different second-hand homes, Caroline has got a home"

"She(Caroline) has moved around in second-hand apartments or rooms along all the commuter trains to get somewhere to live with her son. In total, she expects it to have 35 different addresses in ten years."


https://www.svt.se/nyheter/inrikes/finns-ty...d-att-ge:nyh:lp

"Per Bolund: 'Unfortunately, there is no good advice to give'"
"Finance Minister Per Bolund (MP) hopes that the January agreement will make it easier for young people to get their own rent right. But in the short term it will still be tough, he says in Aktuellt."
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pepitoAndalucia
post 1.Mar.2019, 09:52 PM
Post #236
Joined: 3.Jun.2018

Another article explaning this housing crisis not only affects big cities but small towns with just 70,000 people.

https://www.svt.se/nyheter/lokalt/norrbotte...ns-opinion-live

QUOTE
The subject of housing shortage is much more than just a metropolitan issue today as many smaller municipalities also suffer from the lack of housing, such as Luleå.


QUOTE
During Thursday's Opinion Live in SVT, among other things, the young people's challenges with the housing shortage were discussed and several Luleå residents were on a link from Kulturens Hus in Luleå.


Just imagine how bad the situation is that even a small town with just 70,000 people in the most northen area of sweden admits they are having issues to find accommodation to people.
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pepitoAndalucia
post 11.Mar.2019, 06:32 PM
Post #237
Joined: 3.Jun.2018

The lack of housing in sweden is not only in major cities but it's widespread throughout the country.

https://www.svt.se/nyheter/lokalt/vasterbot...r-om-satsningen

Small town called Vindeln, population 2,333 people and reports lack of housing!.

QUOTE
It is a housing shortage in Vindeln - and now the municipality wants to invest in two new residential areas. Several residents in the municipality believe that the investment is well-needed.
- It has been built on took too little in Vindeln. It is mainly the young people who need somewhere to live, says Annika Hedman in Vindeln.
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pepitoAndalucia
post 11.Mar.2019, 06:38 PM
Post #238
Joined: 3.Jun.2018

The lack of housing in sweden have been long since 2009 with same issues, same black market and same wide spread scams.

Blog written by a Spaniard in 2010. Same issues as in 2019 nothing has changed. Incompetence or simply a system designed that way to force people take a loan and buy?.

Now the problem is not only in stockholm but it's everywhere in the country.

http://monkeygoestosweden.blogspot.com/201...fierno.html?m=1

QUOTE
Many people may find it incredible that it is so difficult to find a place to live in a European capital. Normally if you are willing to pay you can find accommodation in Madrid, Paris, London ... wherever. But not in Stockholm. The situation is aggravated by the abundance of scammers who take advantage of desperate to try to cheat through the Internet, pretending to rent a flat nonexistent.
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pepitoAndalucia
post 11.Mar.2019, 06:40 PM
Post #239
Joined: 3.Jun.2018

https://www.yourlivingcity.com/stockholm/es...artment-sweden/
Article from 2012. We are now in 2019 and nothing has changed.

The horrors of apartment hunting in Sweden

QUOTE
If you’ve had to search for an apartment in Sweden, you know it’s hard work. Expect to have to join waiting lists. Spend days or weeks sitting in front of the computer refreshing Blocket’s apartment listing page. Spamming every friend and friend of a friend you know to ask them if they have any apartment leads. We get it, we’ve been though that. Read on to find out about Clare Morrison-Porter’s, our newest bloggers, experience meeting with frightening potential landlords/roommates.


QUOTE
In England where I am from, as in many other countries, if you have money in your pocket it is easy to relocate. Yet the currency here is patience – or to put it more literally, queue days. Without it, like us, you face an uncertain future. We had no choice but to face two months (only two months – how lucky, in hindsight!) of rejection and unknowing before finally being successful.
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pepitoAndalucia
post 11.Mar.2019, 06:42 PM
Post #240
Joined: 3.Jun.2018

https://www.buildingsweden.com/the-swedish-...f-of-the-demand

“The Swedish construction industry isn’t even meeting half of the demand”

QUOTE
Catharina Elmsäter-Svärd, CEO for the Swedish Construction Federation claims that at the current rate of construction only about half of the National Board of Housing, Building and Planning’s speculative goals will be met.


QUOTE
A current dip in construction rates has only served to exacerbate Sweden’s acute housing shortage, especially amongst youths. According to the Swedish Construction Federations own predictions the current rate of construction has decreased by 33% between 2017 and 2019, a trend that goes completely against what the market is asking for.
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