Sweden’s top financial regulator took aim at the country’s booming property market with a proposal on Tuesday that banks limit the value of home loans to 85% of a property’s value. Swedish policymakers and regulators have been increasingly concerned about rising household debt levels and fast-rising property prices despite the economic downturn, and are keen to let some steam out of the market. They are aware that raising borrowing costs too quickly could stymie the country’s still-shaky recovery from country’s deepest recession in more than half a century.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio