4.27.2024

The chance that a claim will come true increases with time

The World's Most Perfect Husband has been reading a blog for more than 10 years. The man who writes the blog is intelligent, well-read and knowledgeable. For the most part, he is right in his analyzes and claims. There is, however, a claim that he has, with the obstinacy of a fool, emphasized for many years, which still hasn't occurred, that Sweden has a housing bubble.

A housing bubble is a run-up in home prices fueled by demand, speculation, and exuberance that bursts when demand falls as supply increases. Due to a total of 8 policy rate hikes by the Swedish central bank since May 2022, the aforementioned scenario should have occurred by now if Sweden had a housing bubble. No mortgages have been terminated prematurely and no homes have been sold at executive auction. In addition, it must include multiple mortgage borrowers.

To claim that a housing bubble was predicted, the time period cannot be infinite. Because, if there is no time limit, there is a good chance that what you claim will come true, sooner or later. For exemple, I can confidently say and be right that America will have a female president since it will happen, sooner or later.

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