Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property /  International

Swedish central bank calls for action as Nordic property market fears grow

Authorities are worried that households have taken advantage of low interest rates to pile on debt, fuelling already sky-high property prices

Reuters
Reuters

Updated: 3:48pm, 30 Nov, 2015

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Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
Property prices in Sweden have more than tripled over the last 20 years, driven by a lack of new construction, rent controls and generous tax breaks on mortgages. Photo: EPA
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