malwaretech, to random

I've lived in the US for so long that I forgot other countries have like semi-serious government that actually do stuff. I just tried to buy a house in the UK and since I was last there they've added a billion new taxes. There's a buying a house tax, a buying a second house tax, a buying a house when you don't live in the UK even though you're a citizen tax, a non-resident landlord tax, UK specific capital gains tax... and they all stack on top of each other. I am going to get absolutely clapped by taxes, but it's nice to see even right-wing governments trying to address the housing crisis.

cragsand, (edited )

@malwaretech Something I observed relatively recently when comparing different housing arrangements in different countries is how Swedens seems more rare when our most common form of housing are a type of regulated "housing-cooperatives" called "bostadsrättsförening".

It doesn't directly translate to the English/UK form of "cooperative-housing" so I'd recommend reading a translated version of the Swedish wikipedia article instead to grasp the regulated implications:
https://sv-m-wikipedia-org.translate.goog/wiki/Bostadsr%C3%A4ttsf%C3%B6rening?_x_tr_sl=auto&_x_tr_tl=English&_x_tr_hl=sv

By having a non-profit, where laws regulate that all profits must return to the co-owners, shared ownership, costs are substantially lowered. It's not perfect and must go hand-in-hand with other regulations but compared to LLCs or companies own housing, especially if it's a public company with shareholders... they're astronomically better in potential to improve housing availability and pricing.

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