honestly? all i see if increased number of apartments with an “a vendre” sign on the balcony. i don’t know where these articles get their data from. maybe RTL is getting donations from construction companies? i don’t know.
In my neighborhood only, Strassen, there’s 5 apartments for sale and they’ve been listed for over 6 months now and god know when they will be sold.
Black_Harbour_TTRPG on
>*”The Housing Observatory reported price increases of* ***108.2%*** *for apartments and* ***77.2%*** *for houses compared to the fourth quarter of 2023.”*
This is such bad journalism that somebody (GaĆ«l Arellano apparently) should lose their job for it. If those numbers passed a sense check to your eyes while writing that story I wouldn’t trust you to write a fucking Christmas card let alone report on housing.
The 108.2% and 77.2% figures are increases in **transactions** (and I’d bet money that even those figures are cherry picked/methodologically unsound based on the below)
The Housing Observatory’s methodology looks very suspect to me, they seem to have a vested interest in propping up the housing market, they use price per square metre where possible and there’s been a rise in price per square metre on new apartments even while the actual average sale price has dropped by 7% due to smaller units being sold.
Just dog shit journalism and a very sketchy looking public information department. But hey, we have to funnel our tax money into the pensions of Luxembourgers who are straight up unemployable in the private sector somehow, don’t we?
2 commenti
honestly? all i see if increased number of apartments with an “a vendre” sign on the balcony. i don’t know where these articles get their data from. maybe RTL is getting donations from construction companies? i don’t know.
In my neighborhood only, Strassen, there’s 5 apartments for sale and they’ve been listed for over 6 months now and god know when they will be sold.
>*”The Housing Observatory reported price increases of* ***108.2%*** *for apartments and* ***77.2%*** *for houses compared to the fourth quarter of 2023.”*
This is such bad journalism that somebody (GaĆ«l Arellano apparently) should lose their job for it. If those numbers passed a sense check to your eyes while writing that story I wouldn’t trust you to write a fucking Christmas card let alone report on housing.
I don’t even speak French and it took me five minutes to [fact check](https://logement.public.lu/fr/publications/observatoire/logement-en-chiffres-17.html) this obvious bollocks.
The 108.2% and 77.2% figures are increases in **transactions** (and I’d bet money that even those figures are cherry picked/methodologically unsound based on the below)
The Housing Observatory’s methodology looks very suspect to me, they seem to have a vested interest in propping up the housing market, they use price per square metre where possible and there’s been a rise in price per square metre on new apartments even while the actual average sale price has dropped by 7% due to smaller units being sold.
Just dog shit journalism and a very sketchy looking public information department. But hey, we have to funnel our tax money into the pensions of Luxembourgers who are straight up unemployable in the private sector somehow, don’t we?