232
What's a scam that's so normalized that we don't even realize it's a scam anymore? (lemmy.world)
submitted 6 months ago by to c/asklemmy@lemmy.ml
302 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] 87 points 6 months ago* (last edited 6 months ago) (2 children)

The real estate market. In many countries, the value of labor and materials necessary to build a house is about 30 to 40 40 to 120 thousand euros. Everything else is speculation.

Edit. Initially I put 30 to 40 thousand euros.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
  • [โ€“] 1 point 6 months ago

    It's not only speculation, it's also because some locations are a lot more wanted by many people to live there: right next to a big park, walkable neighbourhood, city amenities nearby but few city problems, no highway audible when sleeping with open window et cetera et cetera. More people want to live in prime locations than prime location housing is available.

    The big scam are the insane prices for run down shoebox-apartments in shitty locations.

  • permalink
  • fedilink
  • source
  • parent