House prices across Europe: where they're rising fastest and why(www.euronews.com)
4 pointsby andrewstetsenko10 hours ago1 comment
  • bell-cot10 hours ago
    Notice the article's tone - housing is very much a stock market, where rising prices are good, higher is better, and hot companies (make that housing markets) are bandwagons for the savvy well-to-do to make sure they own part of.

    Vs., say, essential infrastructure that every human needs in order to live.

    • TacticalCoder9 hours ago
      > Notice the article's tone - housing is very much a stock market, where rising prices are good, higher is better, and hot companies ...

      Don't forget that in the EU governments love the revenues from real-estate: higher real estate means the, say, 12% that goes to the state when an apartment our house changes hand is juicier.

      And higher real-estate price means higher recurring yearly taxes on real-estate/land.

      Also high real-estate price means inheritance taxes of 30% are very juicy on real-estate when someone dies for the government.

      Governments have zero concerns for the essential structure needed for people to live but they do have a lot of love for the huge amounts that comes into their ever deeper pockets.

      • AlisaYoki6 hours ago
        It seems that solving such a problem, which has been going on for a very, very long time, will be very difficult. Do you think this is realistic?