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I've never heard anyone pay 30k a month for their rent. People consider 12 high, the median is around 6 IIRC.

I live in what is generally considered a "fancy" area (lots of bank directors and some ABBA people) and 10-15 million is what you'd pay for a nice house sure but our row house was way less and our previous apartment significantly so.

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It is of course not common to rent for 30k because most people feel they can't afford that but it is essentially the "spot price".

Many apartments in central Stockholm are ~100k SEK per square meter to buy. So a 100 square meter apartment is 10 million. That is 16-17k per month just to beat the inflation target. Then you have the building fee which is probably 4-5k. And then profit on top of that of 8k per percent. So with 1% profit you are more or less at 30k per month.

A 100sqm apartment is very big. To give some perspective on hemnet.se (_the_ way to look for housing in Sweden) there are around 100 apartments in Stockholm up for sale that are 100sqm or larger. Around 1000 apartments in the ordinary range of 45-90 sqm.

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