Originally Posted by
gnaget
With the strengthening of the SEK relative to EUR the tables are turning. Last month I priced an item for SEK 14000 in Sthlm that I then purchased for DKK 10000 (8000 without tax).
Where are you saying real estate is "over priced"? I would say both despite the price drop on the Danish side. Also speaking of what you get for your money, as recently as the 1990s something like 25% of apartments in central CPH did not have bathrooms (usually only a toilet). I am sure that the housing boom and easy credit put a dent in this as owners renovated and sold to make a profit. And going back to the 1970s and 80s they still had outhouses in the city. I lived in the premier suburb of CPH and the last public bath in that suburb did not close until 1990.
Swedish property prices in the Malmo area have much more room to fall (as a percentage of current or most recent sale prices) than Danish properties in the Copenhagen metro area. Both sides of the bridge are overpriced, but Swedish prices for residential property are set more for a greater drop than Danish properties which were already rather hard hit.