Photographer: Linus Hook/Bloomberg

Sweden’s Millennial Housing Shortage Leads to Mega Prices: Chart

In Sweden, the fastest population growth since the 19th century is exacerbating an already serious housing shortage. The number of homes being built is not enough to meet the needs of a population that’s expected to grow from around 9 million to 10 million over 10 years. The shortage has caused prices and debt levels to soar, with Sweden’s house price to income ratio now the second-highest among OECD countries.

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