USA is such an enormously large country, and since one has to move where the jobs are any given year, the younger generations decide that renting makes more sense. Gotta be mobile and flexible in today's workplace where freelance and temp jobs are more and more the norm.
Houses in Sweden have been in the same families for centuries and passed down. They make them out of stone.
FRO is making good money right now. There is already a turnaround and the dividend is going to be raised. Giveaway price right now.
"Hey keem please compare comparables does Sweden and Norway have 60 million people on welfare..."
I didn't post welfare comparisons between all nations, but rather it was about percentages of home ownership. All I said, was that even though taxes are quite high in Sweden, where medical coverage is part of the taxation, college tuition is part of taxation, parental leave and daycare are part of taxation, still the percentage of home ownership is higher, so perhaps there is a higher percentage of people with disposable income. You shouldn't let it rattle you.
If theres no turnaround then we hit the rocks an sink an lose everything... a disaster. But if we turnaround den we make tons of money an have a big party . Its like in Las Vegas you can hit the jackpot.... or ...lose it all. ! Ya plays your money an takes yer chances. My bet is on a turnaround.
Could sell right now an break even but then wuddent be enjoying the ride anymore. I know could be ultimately wrong but think JF is a good Captain who knows his business an fair to his crew.
Sentiment: Strong Buy
Yes...Interesting too is that very socialist Finland, Norway and Sweden have home ownership percentages higher than the US, and yet we are fed some story that their taxes there are so high they have no extra money. It looks like they have not only extra money to buy houses, but they also have less debt, and that is after those high taxes.