It is not long since Sweden’s real estate market was booming. House prices grew by more than 80% between 2009 Q1 and 2022 Q1. This growth speed far exceeded that of average earnings, which rose by 36% in the same period. This was driven by a mix of domestic and global factors, such as a low supply of rentals, generous mortgage tax relief policies and a long period of low interest rates. Times have changed, however. [Please click below to…
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