Stay updated with breaking news from Philippa Logan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.