Philippa Logan News Today

For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and kept aloft by low rates and generous tax benefits, was a risk to the wider economy. Now those risks are becoming a reality. Households with big mortgages are reining in spending as interest rates rise, and house-builders are pulling the

By Simon Johnson STOCKHOLM (Reuters) - For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and kept aloft...

For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and kept aloft by low rates and generous tax benefits, was a risk to the wider economy.