Swedish Real Estate Hotter Then Ever as 'Hysteria' Hits
Swedish Real Estate Hotter Then Ever as ‘Hysteria’ Hits Bloomberg 3/5/2021 Charles Daly, Ott Ummelas and Love Liman (Bloomberg) -- Swedish house prices soared to the highest level ever recorded, as a growing number of people make use of unprecedented central bank stimulus to upgrade into bigger homes. “From a credit perspective, one can only conclude that the market has been gripped by hysteria, which is connected to central banks pumping money into the system,” said Carl Johan Lagercrantz, a portfolio manager at Strand Kapitalforvaltning AB in Stockholm. Houses cost...
Source: msn.com