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by 2tab 2561 days ago
That Stockholm article is deceptive at best. The Stockholm housing market suffers above all else from lack of regulation of mortgages. The rental market simply can't compete with a 100 year double mortgage without default. The result being Sweden having among the highest amount of household debt of the OECD countries. Of course the head of the landlord lobby organization wants their members to be able to charge higher rents despite few rentals being built today when they are able to charge three times the rent of older rent controlled units. As most people simple can't afford them.