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Average Family Can’t Afford A House

Publicerat torsdag 10 november 2005 kl 13.43

The average family in Sweden can no longer afford to buy a house in most areas of the country.

That’s according to a report by the National Association of Homeowners which has studied living costs of families with children and found that couples on average trade union salaries would not be able to buy a small house in 270 of Sweden’s 290 districts.

According to the report, housing expenses take up between 16 and 58 percent of a trade union member families disposable income, compared to between 12 and 46 percent for a professional family.

The figures in the report were based on a mother, father and two children, where the parents were a transport worker and a child carer and made a 10% down-payment on a house with electric heating.

A spokesperson for the Association said the main problem is property tax, which needs a fundamental rethink.

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