European Tribune - Comments - US housing to crash?

US housing to crash? | 38 comments (38 topical, 0 editorial, 0 hidden)

I'll keep the apartment for at least 2-5 years. If housing values crash I will not be inclined to sell the place but instead rent it to someone else if I decide/have to move away.

The area will absolutely not become unpopular or depopulated. And I won't loan the money but pay in cash.

And renting is not an option. In Sweden we have rent control (aargh!) which means it is impossible to find an apartment to rent.

Any more ideas and comments?

Please! :)

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Sep 28th, 2006 at 07:06:56 PM EST
[ Parent ]

Re: GDP minus debt (none / 1)

Why wont those pesky poor people get out of your way, eh? Stop whining about your upper middle class travails. Poor you that has to suffer through rent control.

I only wish Oslo still had some rent control housing. Maybe I could hope to afford renting an appartment here then... But then I don't own an appartment in the "right" part of Stockholm and cheer when the conservatives win elections.

by Trond Ove on Sat Sep 30th, 2006 at 06:51:43 AM EST
[ Parent ]

Re: GDP minus debt (none / 0)

Rent control is the single most efficient way to destroy a city, including nuclear weapons. 99 % of all economists from all different political camps agree on this. Rent control is the reason I have to buy an apartment instead of renting one, as there are no apartments to rent.

So stop your whining about my upper middle class travails.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Mon Oct 2nd, 2006 at 06:56:32 PM EST
[ Parent ]

US housing to crash? | 38 comments (38 topical, 0 editorial, 0 hidden)

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