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Do you think we will ever have affordable housing again in our lifetime? (lemmy.world)

submitted 1 year ago by filister@lemmy.world to c/asklemmy@lemmy.world

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Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

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[-] FluffyPotato@lemm.ee 2 points 1 year ago

Seems apartments the same size and location are still in the 80 000 - 110 000 euro range. Renting is not very common here so I can't find anything comparable.

[-] filister@lemmy.world 2 points 1 year ago

Just out of curiosity but are we talking about Talinn? I am coming from east Europe, where accommodation used to be cheap, now it is 2500€ per square meter in the capital. The last 3 years prices spiked quite considerably. I am currently living in Munich where the square meter is 8-12.000€ depending on the energy efficiency, the location and how new the building is.

[-] FluffyPotato@lemm.ee 2 points 1 year ago

Yea, Tallinn.

this post was submitted on 21 Aug 2023

462 points (96.8% liked)

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