Although more homes are being built in Sweden, house prices are still at an all-time-high.
Although more homes are being built in Sweden, house prices are still at an all-time-high. Credit: Anders Wiklund/TT

Economist: New mortgage rules will mainly hit richer households

2:08 min

People taking out new, large mortgages will have to pay back more each month, but a bank economist tells Radio Sweden this will mainly hit those on higher incomes.

Emma Persson is the housing economist at state-owned lender SBAB. She says that poorer people already face barriers to buying homes, due to existing bank rules.

The government says it is households with a monthly income of 70,000 or more who will be affected. The average household income in Sweden is less than 50,000.

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