Photo: Hasse Holmberg / TT

Lack of housing is an "economic threat": report

It should be easier to build housing and the lack of housing in Sweden is a threat to the country's economy. That is the conclusion of an independent study presented to the housing minister today.

Writing in newspaper Dagens Nyheter, the study's authors, who include former Social Democrat Prime Minister Göran Persson, say that it is getting more and more difficult for young people to get their foot on to the housing ladder.

They propose that the upper limit for mortgages is lifted, that tax breaks on mortgage interest are reduced and that central government does more to encourage house and apartment block construction.

They also suggest the implementation of common building norms across Scandinavia and the Baltic nations in order to encourage international competition among construction companies.

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