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Swedish Housing Surges to Unsafe Value as Debt Soars

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Sanna Andersson was looking for new digs. The 23-square-meter (248-square-foot) studio apartment that she shared with her boyfriend in Soedermalm -- the central Stockholm district best known outside of Sweden as the backdrop for Stieg Larsson thrillers -- had grown too cramped.

In May, after months of fruitless searching, the couple found the perfect place: a 69-square-meter (742-square-foot) three-room apartment on the top floor of a 1970s building with ample light, Bloomberg Markets will report in its January issue.