New reforms to decrease the risk of a housing asset bubble in Sweden

Author (Person) ,
Publisher
Series Title
Series Details No.57/2016, July 2016
Publication Date July 2016
Content Type

Information on the publication series:

The ESPN Flash Reports are produced by the European Social Policy Network (ESPN) established in 2014 to provide the European Commission with independent information, analysis and expertise on social policies. The topics presented in the Flash Reports are identified by ESPN experts in the light of significant developments in their countries, or in some cases suggested by the Commission.

The ESPN is managed by LISER and APPLICA, with the support of OSE - European Social Observatory.

Summary:

Swedish house prices and household debts have increased dramatically over a long period, increasing the risk of producing a housing bubble. New legislation was implemented in June 2016, making amortisation mandatory for all new mortgage loans. Further policy reforms, with different distributional consequences, are also being discussed.

Source Link Link to Main Source http://ec.europa.eu/social/BlobServlet?docId=16145
Subject Categories
Countries / Regions