You don’t have to, most people buy their apartment. If you don’t have the money when you’re young, parents tend to help out with the down payment. The more you get from your parents, the closer to the city center you can live.
I can see why this doesn’t work for everyone, and I wonder what kind of social effects it will have.
>parents tend to help out with the down payment. The more you get from your parents, the closer to the city center you can live.
Oh, so the "secret" to Swedish housing affordability is 'have rich parents'. Silly me, why didn't I know that sooner, I would have shopped around for richer parents. /s
>I wonder what kind of social effects it will have
The short term effect will be a much bigger class divide between those with rich parents and those without, basically a ghettoization of cities (which is already a thing in most EU cities), while long term maybe more social unrest, crime, political extremism, etc.
ChuckNorris89|3 years ago
Oh, so the "secret" to Swedish housing affordability is 'have rich parents'. Silly me, why didn't I know that sooner, I would have shopped around for richer parents. /s
>I wonder what kind of social effects it will have
The short term effect will be a much bigger class divide between those with rich parents and those without, basically a ghettoization of cities (which is already a thing in most EU cities), while long term maybe more social unrest, crime, political extremism, etc.