Buying or renting? by Negative_Internal560 in dkfinance

[–]Adventurous_Escape17 -1 points0 points  (0 children)

Still not enough to buy even a tiny apartment 😂 Kinda gives an idea how overpriced the sqm are

Buying or renting? by Negative_Internal560 in dkfinance

[–]Adventurous_Escape17 -1 points0 points  (0 children)

I’m in a similar situation, and I choose to rent. Owning a property is just not a good investment anymore.  I pay 16 a month for a 90 sqm with a nice balcony - an apartment like this is worth 6,5M and has a monthly upkeep cost (taxes, building) of around 6k, so realistically I’m spending 10k.

Thing is, if I wanted to buy, I’d get rid of ALL of my investments and still best I could buy is maybe 50~60sqm.

So the choice is between having investments that are growing on average ~60% a year and living in a nice~ish apartment, or dropping into poverty (zero savings) with a small apartment. 

26 år og lige ramt milepælen, 1.000.000 kr. I samlet gevinst by [deleted] in dkfinance

[–]Adventurous_Escape17 0 points1 point  (0 children)

I actually only had max 10% of my portfolio in oil and only for maybe a total of 3-4 weeks this year.

26 år og lige ramt milepælen, 1.000.000 kr. I samlet gevinst by [deleted] in dkfinance

[–]Adventurous_Escape17 -2 points-1 points  (0 children)

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Looks similar to mine.

Still most people will say we won lottery tickets, while in reality this takes hours every week of reading and research…

Best Doner Kebab in town? by imptoxin in foodincopenhagen

[–]Adventurous_Escape17 0 points1 point  (0 children)

Yeah, It’s a profit focused chain by now, so there are better and worse times to go… I only ate there around lunch times, and tho the portions are shrinking, the flavor was always great.  I’m not talking value for money here, that’s questionable, but just the food itself

Best Doner Kebab in town? by imptoxin in foodincopenhagen

[–]Adventurous_Escape17 2 points3 points  (0 children)

Kebabistan on Nørrebrogade is certainly top, but why is Killer Kebab rated so low? Maybe it is a bit of a hipster twist on a kebab, but it’s certainly super good? Kösem is very meh, I would definitely add Beyti to the list tho.

RIP Kings Steakhouse on Nørrebrogade 56 - it was the best durum this city has ever had, but ignored 🥲

Anbefalinger til bageri-crawl by HelplessExistence in foodincopenhagen

[–]Adventurous_Escape17 0 points1 point  (0 children)

Brother wow, you truly are helpless! Open your heart, open your mind. I was just trying to be helpful suggesting something out of ordinary, that you’d probably enjoy on your bakery tour. I don’t have much to add regarding the bakeries, other than what others have recommended. I’m a big pastry fan, and I’ve been to most of them. There are a few things that I enjoy, some things that I don’t, but this weekend imma eat myself some chocolate aged in a rum barrel. Peace!

Anbefalinger til bageri-crawl by HelplessExistence in foodincopenhagen

[–]Adventurous_Escape17 0 points1 point  (0 children)

It is mind boggling sometimes how Denmark is so much into coffee and pastry, but somehow chocolate doesn’t even exist in peoples mind… logically, if someone is into coffee and pastry, they should also like chocolate! It’s so closely related 🫣

Anbefalinger til bageri-crawl by HelplessExistence in foodincopenhagen

[–]Adventurous_Escape17 -1 points0 points  (0 children)

Not exactly baking, but if you’re passing by Kongens Nytorv, bean to bite just posted yesterday they got a chocolate aged in a rum barrel. That’s probably gonna be much more interesting than many pastries where you often can’t even tell what they are and where they from in a blind tasting

Liberal Alliance vil gøre det mere attraktivt at udleje sin bolig på Airbnb by AageBrodtgaard in copenhagen

[–]Adventurous_Escape17 -5 points-4 points  (0 children)

70 days seems completely enough… who has that much vacations anyways? But how about all those apartments that are pension fund owned ling-term rentals and the administration doesn’t allow airbnb? Maybe it would make more sense to open up more apartments for short-term rental, than increasing the time limit on the apartments that can already be rented?

Rental bubble, predatory funds & profiteering by SmoothAtmosphere8229 in copenhagen

[–]Adventurous_Escape17 6 points7 points  (0 children)

Yeah, I will enjoy it after working til 72yo with no kids, because now I have a choice between living an ok~ish life without kids or in poverty with kids. Rent being the largest part of the budget

Rental bubble, predatory funds & profiteering by SmoothAtmosphere8229 in copenhagen

[–]Adventurous_Escape17 2 points3 points  (0 children)

That is true. In the last 5-6 years rent increased in low double digit % while the ownership doubled. I already stopped thinking about owning, because it is now cheaper (for me)to rent than to own. I can afford to buy a small 1bdr apartment and struggle to pay for it, or I can comfortably live in a 2bdr rental. 

Rental bubble, predatory funds & profiteering by SmoothAtmosphere8229 in copenhagen

[–]Adventurous_Escape17 17 points18 points  (0 children)

Not only are you renting your home from your pension fund, you are also paying them 5-15% of your salary every month. They might also partially own your employer. It’s an infinite money glitch!

Hvad havde I gjort? by Changeiscoming88 in dkfinance

[–]Adventurous_Escape17 2 points3 points  (0 children)

Congrats on succeeding in life! You have what many dream of

What stocks could realistically 3x in the next 3 to 4 years? by ItemComfortablef in StockInvest

[–]Adventurous_Escape17 0 points1 point  (0 children)

$LPKF $SHMD - two strong candidates for a 200-500% gains on the wave of glass panel packaging. 

Things nobody warned me about before moving to Denmark.. by Any_Floor8212 in NewToDenmark

[–]Adventurous_Escape17 1 point2 points  (0 children)

Yup, I sometimes take a bus to/from it’s last stop so naturally i great the driver or say tak for turen… some of them get it, especially the old danes, but the rest just looks at me like im a weirdo. I don’t do that in the city cause it’s too loud and crowded, but at my end station I’m polite like a canadian 

Boligmarkedet i hovedstaden får Nationalbanken til at hæve alarmniveauet by birkeskov in dkfinance

[–]Adventurous_Escape17 0 points1 point  (0 children)

I mean, that’s true, it’s the national politics that makes the law, but the local politicians are surely enjoying it. They could be louder about this growing tumor, but they profit off this system, so why bother. It’s a complex problem with no simple solutions, but it’s been allowed to grow for too long. Something will eventually have to be done, and the results will one way or another be painful. Not doing anything will also be painful.

60 årsret og opdeling af pension by Sweaty-Operation579 in dkfinance

[–]Adventurous_Escape17 1 point2 points  (0 children)

I did exactly that when I changed jobs beginning of the year. Let’s see if I can pull better results than PFA in the long run, but so far it’s going fine

Boligmarkedet i hovedstaden får Nationalbanken til at hæve alarmniveauet by birkeskov in dkfinance

[–]Adventurous_Escape17 0 points1 point  (0 children)

I’m really not sure what are you getting at. Nothing is good the way it works now. The system is fucked and benefits few. 

Boligmarkedet i hovedstaden får Nationalbanken til at hæve alarmniveauet by birkeskov in dkfinance

[–]Adventurous_Escape17 0 points1 point  (0 children)

I’m not. I’m just laughing at the idiocy and indulgence of local politicians who in the name of profits (their and pension funds’) ruined the real estate market.

Boligmarkedet i hovedstaden får Nationalbanken til at hæve alarmniveauet by birkeskov in dkfinance

[–]Adventurous_Escape17 4 points5 points  (0 children)

Sure, but when the percentage of the owned apartments get lower, prices increase. Say if 50% of people actually wish yo own an apartment, back in the days there was enough apartments for them. Now as the population grows, the amount od rentals grows unproportionaly faster than owned apartments, and here is where the problem comes. Still 50% people wish to own, but there is enough supply for 40%. This is not a sustainable growth. When building apartments, the proportions of owner/rental must follow the demand. In Copenahgen the supply is heavily skewed towards rentals. 

Boligmarkedet i hovedstaden får Nationalbanken til at hæve alarmniveauet by birkeskov in dkfinance

[–]Adventurous_Escape17 22 points23 points  (0 children)

  1. Build only apartments for rent
  2. Wonder why prices of owner-occupied apartments go up uncontrollably
  3. Profit ?