The governor: the Housing market is a dysfunctional one

first, the housing construction market has long been low and this has meant that house prices have increased, and, consequently, also the level of household ind

Ann McDonald
Ann McDonald
23 September 2019 Monday 00:00
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The governor: the Housing market is a dysfunctional one

first, the housing construction market has long been low and this has meant that house prices have increased, and, consequently, also the level of household indebtedness. First, we have a system that has constrained movement in the housing market, among other things, in that it is beneficial for anyone who owns their home, in front of the tenant.

the Situation has led the distributional effects, and create a system of insiders and outsiders in the housing market, " he said.

with this problem needs to be done in a number of areas. The riksbank supports the requirements that Swedish financial supervisory authority has introduced, but, in addition, there has been very little done to address the root causes of the housing market is not functioning well.

The major issues, such as rent control, real estate taxes, interest deductions, and the taxation of housing in the sale are the issues that no politician in the ground wanted to take hold of.

that the housing market is going to look different than it does today, but to achieve this requires political will and courage to make the tough decisions.

in Order to achieve a better life for future generations, we need to create a new, adjusted prisjämvikt in the housing market.

It would reduce the differences between the insiders and the outsiders. Furthermore, the household debt ratio to gradually reduce and not to create a socio-economic risks in the same way.

" I am well aware that these measures have an impact in my generation bostadstillgångar of the day. However, I do feel that they need to be carried out, in order that the housing market in Sweden to function well in the morning, " he said.

for more information, see save the children's allowances are not enough to provide young people with a home.

then again, how could you afford to live?

for more information, see Bomarknaden able to break up the family.

Updated: 23.09.2019 00:00