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1. zerohedge (zerohedge@quitter.im)'s status on Tuesday, 12-Dec-2017 09:15:55 UTC zerohedge
   Sweden: More Signs The World's Biggest Housing Bubble Is Cracking http://www.zerohedge.com/news/2017-12-11/sweden-more-signs-worlds-biggest-housing-bubble-cracking
   • Hallå Kitteh repeated this.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 12-Dec-2017 09:29:20 UTC Hallå Kitteh

     in reply to
     @zerohedge FINALLY.
     
     I don't believe it for a second though. Too good to be true.
     
     The fundamentals have not changed. The rates are crazy low, the interest deduction is not going anywhere, there is no property tax coming.
     
     It's still going to the moon, this is just a slump.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 12-Dec-2017 09:30:17 UTC Hallå Kitteh

     • ay
     @ayy Carefully deflating the bubble is the only way to be humane and yet save the future.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 12-Dec-2017 10:21:30 UTC Hallå Kitteh

     • ay
     @ayy Exactly. You signal ahead of time, you gradually adjust e.g. minimum downpayment, stamp tax, land value tax ... Hong Kong does all three of these and has managed to stay the rise of property prices without creating a collapse.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 12-Dec-2017 12:20:52 UTC Hallå Kitteh

     • m0n5t3r
     • ay
     @m0n5t3r @ayy Easy lending puts more money in the market and that pushes up prices. It's supply, demand, and supply of money to express the demand.
     
     Yeah it's back to the unavoidable conflict between affordable housing and the wish to make property a good old-age savings vehicle.