Published 24 November 2021 at 08.21
Economics. More than eight out of ten Swedes, 83 percent, believe that the sharp rise in housing prices over the past twenty years has been unhealthy for society. Only one in four Swedes, 27 per cent, believe that the government has a good housing policy.
Like the article p & aring; Facebook
Bostadsbubblan
- Spekulationsköpare sued by Peab
- Trend crime: Housing prices fall
- Machetegäng robs brokers of Rolex watches
- Poor people play middle class to get a mortgage
- It has never been so cheap to borrow for a home
>
Show all
The figures come from a new Sifo survey conducted on behalf of Länsförsäkringar Fastighetsförmedling.
– Extensive housing shortages and a long period of low interest rates are two main reasons why housing prices have risen sharply in the last twenty years. The pandemic has also contributed to pushing up prices further, to levels that are not sustainable for society in the long term, says Marcus Svanberg, CEO of Länsförsäkringar Fastighetsförmedling, in a press release.
In the last twenty years, house prices in Sweden have tripled and condominium prices have increased fivefold, something that Swedes are very dissatisfied with. As many as eight out of ten, 83 per cent, believe that the development is unhealthy for society.
Dissatisfaction with the housing market is also reflected in Swedes' confidence in the government's housing policy. Just over one in four Swedes, 27 per cent, think that Sweden has a good housing policy and of the thousand people surveyed in the Sifo survey, only 0.5 per cent believe that housing policy is very good.
Since 2000, tenant-owner prices in Sweden increased by as much as 445 percent, while house prices rose by 277 percent. Holiday home prices show an increase of 291 percent during the same period. In comparison, real wages, since the Industrial Agreement was concluded in 1997, have increased by more than 50 percent until 2020.