Just to give you a little background of the situation here. First of all – when Sweden and Denmark made the “Øresundsregion” – no one had expected the changes it gave to our region.
Well, they made a bridge (Huge bridge) and was hoping to secure a better foundation for the business in the region, but the recent years positive economic development (Especially in Denmark) changed the objective for quite a lot of people (myself inclusive).
Copenhagen was becoming one of the most expensive cities in Europe, the real estate market did sky rocket – with prices jumping high over the expected levels; an example:
My apartment – bought in 1996 for EUR 35.000 was sold again in 2004 for EUR 300.000 – That’s a massive 750% increase within 8 years.
Suddenly, the Swedish real estate market was found quite attractive., Why would anyone purchase a 2 room apartment in Copenhagen (50-60 m2), then the Swedish solution – would offer you a 4-5 bedroom house, with app. 150-200 m2, and the even including the fee for the bridge, made it still a sweet deal.
That’s why there is a massive 30.000 (or more) Danes who has made Sweden their home, there is better housing opportunities, there is more space, there are a better deal for a young family and it’s still within reach of Copenhagen
Off course, there are also drawbacks, but in all fairness, there are ups and down to any location you would be moving to. And people like to compare – which is going to be the topic for my list of articles, I would like to work on in near future.
Filed under: Sweden
